Boeing Reaches Tentative Labor Agreement with Ex-Spirit AeroSystems Workers

• The proposed contract offers a 20% increase to wage pools over five years, a $6,000 ratification bonus, 50% annual increase in promotional funds, and 10% 401(k) match starting in 2027
• The agreement covers SPEEA non-engineering unit workers in Wichita, Kansas, and includes improved medical and dental benefits plus additional vacation time
• Contract negotiations began after Boeing's acquisition closed on December 8, with talks initially delayed until January 5 due to labor law restrictions and Boeing's unpreparedness

Summary

Boeing Reaches Labor Deal with Former Spirit AeroSystems Workers

Boeing has secured a tentative labor agreement with approximately 1,600 white-collar workers at Spirit AeroSystems, following its $4.7 billion acquisition of the fuselage supplier completed on December 8, 2025. The deal covers non-engineering employees represented by the Society of Professional Engineering Employees in Aerospace (SPEEA) in Wichita, Kansas.

Key Contract Terms:

• 20% increase to wage pools over approximately five years
• 50% annual increase in promotional funds
• $6,000 ratification bonus
• 10% 401(k) company match beginning in 2027
• Enhanced medical and dental benefits
• Additional vacation time

The union's negotiation team unanimously recommended member approval of Boeing's "Best and Final Offer." Union chairman James Hatfield praised the proposal for delivering improved benefits and compensation packages.

Timeline and Context:

Contract negotiations began after the Spirit acquisition closed, as labor law restrictions prevented earlier talks. Union members have until January 30, 2026 (5 PM) to vote on the proposal. The current six-year contract expires January 31, 2026.

Negotiations faced initial delays until January 5, with union negotiators previously criticizing Boeing's preparedness for discussions.

Market Implications:

This agreement represents a positive development for Boeing's labor relations following its major Spirit AeroSystems acquisition. The deal aims to integrate former Spirit employees smoothly while avoiding potential work disruptions. The tentative agreement could support Boeing's operational stability as it works to strengthen its supply chain and production capabilities through the Spirit integration.