SPEEA Union Ratifies New Contract with Boeing

Boeing Co.'s unionized white-collar workers have voted to accept a new contract, averting a potential strike that could have added delays to the certification of its latest models. The move was made after a majority of the SPEEA union members, who represent engineers, scientists, technicians, and pilots, voted in favor of the negotiated proposal.

The previous version of Boeing's offer was rejected by the union in August, but it appears that negotiations have been successful this time around. Details about the contract itself are scarce, but it is clear that the ratification of the new agreement has averted a costly strike.