SPEEA, the union representing Boeing employees, has voted to endorse the company's latest contract offer. The endorsement was announced following the conclusion of bargaining sessions, which the union states resulted in significant gains for its members.
The agreement covers compensation, benefits, and workforce development. The union's bargaining committees determined that the proposed terms meet the needs of the workforce and have formally recommended acceptance of the offer.
Boeing Co. (BA) stock was last reported trading at $198.23.
