Boeing averts strike as engineers ratify deal: 32% pay hike over 4 years, 10% immediate raise | What the contract offers

Boeing's white-collar workers ratified a new contract, avoiding a labor disruption and aiding the certification of delayed aircraft. The Society of Professional Engineering Employees in Aerospace reported a 67.6% approval from engineers and 53.5% from technicians, boosting Boeing shares by 3.4%.