Boeing, engineers' union reach tentative contract agreement
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IN SHORT
Boeing and its engineering union, SPEEA, have reached a tentative contract agreement after weeks of negotiations. The proposed four-year deal covers approximately 13,000 engineers and scientists, and 4,000 technicians, analysts, and planners. Union councils are set to review the offer next week before it goes to a member vote.
Key Numbers
4year contract term
13,000engineers and scientists covered
4,000technicians, analysts, and planners covered
14years since last full contract negotiation
Who's Involved
Boeing
reached tentative contract agreement with engineering union
SPEEA
engineering union that reached tentative contract agreement
Ben Nimmergut
Boeing executive who said offer aims for market-leading pay and benefits
↳ Why This Matters
The tentative agreement averts a potential work stoppage that could have disrupted Boeing's production and deliveries, impacting its financial performance and the broader aerospace supply chain.
Key facts
Boeing and the Society of Professional Engineering Employees in Aerospace (SPEEA) have reached a tentative contract agreement.
The proposed four-year contract covers about 13,000 engineers and scientists, and roughly 4,000 technicians, analysts, and planners.
Both SPEEA negotiation teams are endorsing the proposals, citing improvements to work-life balance.
The current contracts remain in effect until Oct. 6.
SPEEA's professional and technical bargaining unit councils will review the proposals next week and issue recommendations.
Boeing and its engineering union, the Society of Professional Engineering Employees in Aerospace (SPEEA), have reached a tentative contract agreement, union officials announced Friday. The proposed four-year deal, which covers approximately 13,000 engineers and scientists and 4,000 technicians, analysts, and planners, is a significant step toward labor peace for the aerospace manufacturer.
Both SPEEA negotiation teams are endorsing the proposals, stating they offer "real and meaningful value" along with improvements to work-life balance. The negotiations, which began July 1, marked the first full contract negotiation between Boeing and SPEEA in nearly 14 years. The current contracts remain in effect until October 6, meaning the latest offer does not immediately eliminate the possibility of a work stoppage.
SPEEA's professional and technical bargaining unit councils are scheduled to review the proposals next week and will issue recommendations to members. These councils also have the authority to call for a strike authorization vote, though no strike can occur before the existing contracts expire. Boeing executive Ben Nimmergut indicated the offer is designed to place the company's aerospace workforce among market leaders in pay and benefits.
Frequently asked questions
SPEEA stands for the Society of Professional Engineering Employees in Aerospace. It is a labor union representing engineers, scientists, technicians, analysts, and planners at Boeing.
The current contracts between Boeing and SPEEA remain in effect until October 6.
Last year, Boeing's machinists' union secured a deal that included a 38% wage increase over four years after an eight-week strike.
What Happens Next
01SPEEA's professional and technical bargaining unit councils will review the proposals next week.
02Union councils will issue recommendations to members.
03Union members will vote on the proposed contract.
How It Developed
Boeing and its engineering union reached a tentative contract agreement on Friday.
Sources
T1
Boeing and engineers' union reach tentative contract agreementReuters
