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Boeing sends contract offer to union members
Boeing sends contract offer to union members

Yahoo

time4 hours ago

  • Business
  • Yahoo

Boeing sends contract offer to union members

(Reuters) -Boeing sent a contract offer on Tuesday to union members who assemble its fighter jets in the St. Louis area. The company's proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave. Local union leaders are recommending that the more than 3,200 members of the International Association of Machinists and Aerospace Workers District 837 approve the contract when they vote on Sunday, the day it expires. Boeing's defense division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year. The company is expected to expand its workforce in the coming years, as well. Solve the daily Crossword

Boeing sends contract offer to union members
Boeing sends contract offer to union members

Yahoo

time10 hours ago

  • Business
  • Yahoo

Boeing sends contract offer to union members

(Reuters) -Boeing sent a contract offer on Tuesday to union members who assemble its fighter jets in the St. Louis area. The company's proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave. Local union leaders are recommending that the more than 3,200 members of the International Association of Machinists and Aerospace Workers District 837 approve the contract when they vote on Sunday, the day it expires. Boeing's defense division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year. The company is expected to expand its workforce in the coming years, as well. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Boeing sends contract offer to union members
Boeing sends contract offer to union members

Reuters

time10 hours ago

  • Business
  • Reuters

Boeing sends contract offer to union members

July 22 (Reuters) - Boeing (BA.N), opens new tab sent a contract offer on Tuesday to union members who assemble its fighter jets in the St. Louis area. The company's proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave. Local union leaders are recommending that the more than 3,200 members of the International Association of Machinists and Aerospace Workers District 837 approve the contract when they vote on Sunday, the day it expires. Boeing's defense division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year. The company is expected to expand its workforce in the coming years, as well.

Turkey Nears Preliminary Deal for Eurofighter Combat Jet Order, Sources Say
Turkey Nears Preliminary Deal for Eurofighter Combat Jet Order, Sources Say

Wall Street Journal

time2 days ago

  • Business
  • Wall Street Journal

Turkey Nears Preliminary Deal for Eurofighter Combat Jet Order, Sources Say

Turkey could announce a preliminary deal for a multibillion-dollar order of Eurofighter Typhoon fighter jets as early as this week, according to two people familiar with the negotiations, in what would be a boost for Europe's defense industry and an aircraft program that has become overshadowed by the U.S. F-35. The contract—which analysts estimate could be valued at around $5.6 billion—would be for a maximum of 40 jets, although the exact number and the aircraft configuration are still being discussed, the people said.

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