# Boeing-SPEEA labor contract negotiations

> Live situation record from CLSTR: https://clstr.news/situations/boeing-speea-labor-contract-negotiations
> Updated: 2026-09-30T16:30:58.000Z. Sources: 10. Developments: 2.

Boeing entered final contract negotiations with the Society of Professional Engineering Employees in Aerospace (SPEEA) to prevent a potential strike. The proposal, which covered more than 16,000 engineers, scientists, and technicians, included a 10% guaranteed wage increase upon approval, followed by subsequent annual increases.

Boeing workers ultimately approved the four-year contract, averting a work stoppage that was scheduled to begin as early as October 7. The Professional Unit, consisting of approximately 13,000 members, ratified the deal with roughly 68% support, while the Technical Unit, comprising about 4,000 members, approved it with over 53% support. The agreement includes a 10% wage increase upon ratification, annual guaranteed raises of 4%, and potential performance-based increases. The resolution prevents disruptions to Boeing’s aircraft delivery efforts and certification campaigns for the 737 MAX 10 and 777X jetliners.

Following the ratification, Boeing shares saw a notable increase, and analysts at Jefferies reiterated a ‘buy’ rating with a $265 price target. The resolution of the dispute provides the company with greater operational certainty as it seeks to increase jet production and secure federal regulatory approvals.

## Claims

- The contract includes an immediate 10% wage increase upon ratification. (disputed by 3 sources)
- The deal provides annual guaranteed raises of 4% and potential performance-based increases of up to 2%. (disputed by 3 sources)
- SPEEA members ratified a new four-year contract. (corroborated by 5 sources)
- The agreement averts a strike that would have impacted the 737 MAX 10 and 777X certification processes. (corroborated by 4 sources)
- The professional unit, representing 13,000 engineers and scientists, approved the contract with 67.62% of the vote. (corroborated by 3 sources)
- The technical unit, representing 4,000 workers, approved the contract with 53.48% support. (corroborated by 3 sources)
- Analyst Sheila Kahyaoglu reiterated a 'buy' rating and a $265 price target for Boeing stock. (corroborated by 2 sources)
- The SPEEA union represents approximately 17,000 workers across Washington, Oregon, California, and Utah. (corroborated by 2 sources)

## Timeline

### 2026-09-30: Boeing workers approve new contract, averting strike threat

Boeing engineers and technical workers have ratified a new four-year contract, averting a strike that could have delayed 737 MAX 10 and 777X certifications and disrupted production.

8 sources. https://clstr.news/cluster/boeing-workers-approve-new-contract-averting-potential-strike

### 2026-09-12: Boeing offers 10% wage increase to SPEEA to avoid strike

Boeing has offered a final contract to SPEEA, including a 10% wage increase and future annual raises, to avoid a strike by 16,000 technical workers.

2 sources. https://clstr.news/cluster/boeing-offers-10-wage-increase-to-speea-to-avoid-strike

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Cite as: Boeing-SPEEA labor contract negotiations. CLSTR, https://clstr.news/situations/boeing-speea-labor-contract-negotiations