Boeing white-collar workers approve contract offer, averting strike fears

Boeing's white-collar union, SPEEA, ratified a new contract, avoiding a strike. The deal offers higher pay, with average engineer salaries rising to $208,000 and tech salaries to $163,000. Boeing shares increased 3.4% following the announcement. The union's 17,000 members voted in favor, with 67.6% of engineers and 53.5% of techs approving.

Trump's investment accounts bought $250,001–$500,000 in Boeing stock on June 18, 2026, the same day the Navy awarded Boeing an $880 million contract. The White House states the accounts are independently managed with no presidential involvement in trades.

Boeing (BA) shares rose 3% after its largest white-collar union approved new four-year contracts, avoiding a potential strike. The deal includes wage increases and performance-based bonuses. Boeing aims to boost production and secure federal approval for delayed aircraft models. Jefferies maintained a 'Buy' rating with a $265 price target, citing reduced production risk.

Boeing secured a $2.38B contract from the U.S. Air Force for 22 F-15EX Eagle II fighters, Lot 7. The deal, finalized before the fiscal year-end, accounts for inflation and a 2025 production disruption. Boeing aims to increase production to two aircraft per month. The F-15EX is a multirole heavy fighter designed to replace older models and support future upgrades.

The FAA will review a software glitch in Boeing 737 MAX aircraft that may increase pilot workload during specific landing scenarios. The issue has delayed certification of the 737 MAX 10. Boeing and GE Aerospace are working on a fix, and airlines report varying impacts. The FAA has not deemed the issue a safety risk, but the review could lead to further action.

Boeing (BA) shares rose 4% after its largest white-collar union, SPEEA, approved a new four-year contract, averting a potential strike. The deal includes a 10% wage increase and annual raises, removing disruption risks for Boeing's production and certification work. The current contracts were set to expire October 6. A strike could have impacted Boeing's efforts to advance its 737 MAX 10 and 777X aircraft.