Employees of South Carolina-based Boeing who belong to the Society of Professional Engineering Employees in Aerospace (SPEEA) agreed this week to a six-year extension of their current employment contracts.
Dennis Muilenburg, Boeing's president and CEO, said the company valued its employees and was committed to keeping them with the company.
"Attracting, retaining and developing the best team and talent, and maintaining respectful, productive relationships with all employee groups is a priority for Boeing," he said. "This agreement recognizes and rewards the contributions of engineers and technical workers who are vital to our continued leadership in aerospace, and it will help ensure Boeing's competitiveness in our second century of business."
The employees are now under contract with Boeing until October 2022.
"With this new contract in place, we can focus on working together to design and engineer the best airplanes at the right price for our airline customers," Ray Conner, vice chairman and commercial airplanes president and CEO, who handled the contract negotiations, said. "This agreement helps position us for continued success in a highly competitive landscape."
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