The bread and butter
Boeing is officially in the clear. After rejecting a mid-tier offer earlier this month, the Society of Professional Engineering Employees in Aerospace (SPEEA) just voted to lock in a new four-year contract. The win represents about 13,000 engineers and 4,000 technical workers who are walking away with an immediate 10% raise.
Real talk: this is a major W. After shutting down their original proposal—which only offered 3% annual raises—the union pushed back and forced a better deal. The new agreement includes 4% annual bumps plus an extra 6% potential for merit, making this a solid bag for the team. The professional unit clocked in at 67.62% in favor, while the tech crew squeaked by with 53.48% approval.
Why it matters
Boeing has been desperate to avoid a strike. They are currently sprinting to ramp up production on their fastest-selling jets and are still waiting on federal sign-offs for the 737 Max 10 and 777X. Both projects are highkey behind schedule, and a strike would have been a disaster for their bottom line. With the drama settled, Boeing can focus on the FAA’s current headache regarding a software issue on the 737 Max 10. The company needs this win—production stability is everything right now.
