Boeing and Union Reach Tentative Agreement to End St. Louis Strike
Just the facts

Boeing and Union Reach Tentative Agreement to End St. Louis Strike

Summary

Boeing Defense and the International Association of Machinists and Aerospace Workers District 837 have reached a tentative five-year agreement to conclude a five-week strike in the St. Louis area.

Boeing Defense and the International Association of Machinists and Aerospace Workers (IAM) District 837 have reached a tentative five-year agreement to conclude a five-week strike affecting approximately 3,200 workers in the St. Louis area. The proposed contract includes a 24% general wage increase, a $4,000 ratification bonus, and an average 45% increase in compensation over the contract term. A vote on the agreement is scheduled for Friday, and if approved, workers could begin returning by Monday evening, with full production resuming within a week. The strike, which began on August 4 after workers rejected a previous contract offer, had slowed production of key military aircraft programs, including the F-15 and F/A-18. Boeing had implemented contingency plans, including hiring non-union staff to maintain limited operations during the strike.

Source

TipRanks

Fact-checking

Fact-check the facts of the article using external sources and databases.

✓
Confirmed

Boeing Defense and the International Association of Machinists and Aerospace Workers (IAM) District 837 have reached a tentative five-year agreement.

✓
Confirmed

The strike affected approximately 3,200 workers in the St. Louis area.

✓
Confirmed

The proposed contract includes a 24% general wage increase.

✓
Confirmed

The proposed contract includes a $4,000 ratification bonus.

✓
Confirmed

The contract term averages a 45% increase in compensation over the term.

✓
Confirmed

A vote on the agreement is scheduled for Friday.

✓
Confirmed

If approved, workers could begin returning by Monday evening.

✓
Confirmed

The strike began on August 4 after workers rejected a previous contract offer.

Keep reading — for free

Create a free account to follow the news. No card required.