Boeing Reaches Tentative Deal with Engineers Union Amid Strike Threat

Boeing and its engineering union have reached a tentative contract agreement, after months of negotiations. The four-year deal includes higher general wage increases than Boeing's initial offer, which was overwhelmingly rejected by members of the Society of Professional Engineering Employees in Aerospace (SPEEA) in August.

The new offer grants SPEEA's 17,000 professional and technical unit members a 10% wage raise on October 16, followed by 4% raises plus merit-based increases in 2027 through 2030. The deal also addresses work-from-home policies and overtime limits for professional unit members.

Ben Nimmergut, Boeing's vice president and functional chief engineer for production engineering, said the contract offer 'addresses the top priorities identified by our employees and SPEEA's bargaining teams.' SPEEA's negotiating team stated that while the deal isn't everything they asked for, it represents a step forward in improving pay and work lives.

The current contract expires on October 6, and if a final agreement is not reached by then, SPEEA members can go on strike. This could impact Boeing's efforts to certify its delayed jets, including the 737 MAX 10 and 777-9.