
Boeing's Defense Union Workers Approve Revised Settlement Offer

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Boeing's Defense union workers have approved a revised four-year settlement offer, which includes a 20% wage increase, a $10,000 signing bonus, and a 100% match on the first 8% of 401(k) contributions. The union will submit this proposal as a pre-ratified agreement to end a nearly seven-week strike involving around 3,200 machinists in Missouri and Illinois. Boeing has not yet commented on the agreement. The company's stock price is currently at $214.06, down 0.74%.
