Go Symbol Lookup
Loading...

Boeing Union Voting on Authorization to Strike

 Text Size  
Published: Tuesday, 19 Feb 2013 | 10:35 AM ET
Toshifumi Kitamura | AFP | Getty Images
A flight test engineer of Boeing sits on 787 Dreamliner cockpit.

The union for Boeing's engineers and technical workers is counting ballots Tuesday on a contract offer and whether to authorize a strike.

The union, Society of Professional Engineering Employees in Aerospace, is recommending that members reject the offer because it would not provide pensions to new employees. They would have a 401k retirement plan instead. The union calls that unacceptable.

Chicago-based Boeing says the change is important to the company's future.

The union also wants the authority to call a strike if subsequent negotiations fail.

The union represents 23,000 employees, mostly in the Puget Sound region. Negotiations began in April and union members rejected one offer in October. The previous contract expired in November.

SPEEA went on strike for 40 days in 2000.

 Print
The union for Boeing's engineers and technical workers is counting ballots Tuesday on a contract offer and whether to authorize a strike. The union, Society of Professional Engineering Employees in Aerospace, is recommending that members reject the offer because it would not provide pensions to new employees.
  Price   Change %Change
BA ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Defense Contractors

  • *Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.

  • The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.

  • A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.