Boeing says thousands of union workers will likely go on strike after rejecting ‘the richest contract offer’ that would have upped wages by 20%
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Boeing says thousands of union workers will likely go on strike after rejecting ‘the richest contract offer’ that would have upped wages by 20%

July 28, 2025
03:13 PM
3 min read
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Union leaders recommended approving the offer, but members overwhelmingly voted against it.

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investment

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July 28, 2025

03:13 PM

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Fortune

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Finance·BoeingBoeing says thousands of union workers will ly go on strike after rejecting ‘the richest contract offer’ that would have upped wages by 20%By John HannaBy The Associated PressBy John HannaBy The Associated Press Boeing's Renton duction Facility one day before striking union members voted on a new contract offer in Renton, Washington on November 3, 2024

Furthermore, Jason Redmond / AFP—Getty ImagesBoeing Co

Expects more than 3,200 union workers at three St

Louis-area plants that duce U

Fighter jets to strike after they rejected a posed contract Sunday that included a 20% wage increase over four years

The International Machinists and Aerospace Workers union said the vote by District 837 members was overwhelmingly against the posed contract, in light of current trends

However, The existing contract was to expire at 11:59 p, in light of current trends

Conversely, Central time Sunday, but the union said a “cooling off” period would keep a strike from beginning for another week, until Aug

Union leaders had apving the offer, calling it a “landmark” agreement when it was announced last week

Nevertheless, In contrast, Organizers said then that the offer would imve medical, pension and overtime benefits in addition to pay

The evidence shows vote came two days before Boeing planned to announce its second quarter earnings, after saying earlier this month that it had dered 150 commercial airliners and 36 military aircraft and helicopters during the quarter, up from 130 and 26 during the first quarter (this bears monitoring)

Furthermore, Its stock closed Friday at $233

Moreover, 06 a, up $1 (an important development)

The union did not say specifically why members rejected the contract, only that it “fell short of addressing the priorities and sacrifices” of the union’s workers

However, Last fall, Boeing offered a general wage increase of 38% over four years to end a 53-day strike by 33,000 aircraft workers ducing passenger aircraft

However, “Our members are standing together to demand a contract that respects their work and ensures a secure future,” the union said in a statement, in this volatile climate

Dan Gillan, general manager and senior Boeing executive in St, in light of current trends

Louis, said in a statement that the company is “focused on preparing for a strike, amid market uncertainty. ” He described the posal as “the richest contract offer” ever presented to the St (remarkable data)

Meanwhile, Louis union. “No talks are scheduled with the union,” said Gillan, who is also vice president for Boeing Air Dominance, the division for the duction of several military jets, including the U

Furthermore, Navy’s Super Hornet, as well as the Air Force’s Red Hawk training aircraft

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