Boeing Reaches Tentative Deal with Engineers Amid Strike Threat

Boeing has reached a tentative four-year contract agreement with the Society of Professional Engineering Employees in Aerospace (SPEEA), which represents about 17,000 engineers and technical workers.

The new proposal includes higher general wage increases than Boeing's initial offer, which was rejected by employees in August. Members of SPEEA's professional and technical units would receive a 10% wage increase on October 16, followed by 4% raises plus merit-based increases from 2027 through 2030.

The existing contract expires on October 6, and if a new agreement is not finalized by then, SPEEA members could go on strike. The union's members play an important role in Boeing's efforts to certify its 737 MAX 10 and 777-9 aircraft, both of which are years behind schedule.