Boeing Aims to Stabilize Production with Improved Wages and Benefits
Boeing has offered a new contract deal to end a three-month strike at its St. Louis-area facilities, which has halted defense production. The proposal includes a $6,000 ratification bonus and 24% wage increases over five years. The deal aims to return all striking employees to their positions without displacing replacement workers. The International Association of Machinists and Aerospace Workers (IAM) will vote on the proposal on November 12. The agreement was first reported by AeroTime.