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Stock impact report

Union representing Spirit AeroSystems engineers announces tentative agreement [Yahoo! Finance]

Spirit Aerosystems Holdings, Inc. (SPR) 
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.spiritaero.com
Company Research Source: Yahoo! Finance
On Friday, the Society of Professional Engineering Employees in Aerospace (SPEEA) announced a tentative agreement for its more than 1,000 engineers at Spirit AeroSystems. In addition to potential pay increases, it includes wording to protect engineers who report safety issues. Boeing workers will vote on a new contract offer to end 7-week-old strike The SPEEA bargaining unit says the agreement: Increases the amount of money available for wage increases for Spirit engineers by at least 19% over four years, with provisions for greater increases if needed to keep up with market conditions. Includes a guaranteed minimum 5% bonus in the spring of 2025, Raises the amount Spirit will contribute to the vast majority of workers' 401(k) retirement funds in 2026, Improves time off for vacations or sick leave and paid leave for new parents, Includes a letter of understanding defining a new quality partnership between Spirit, SPEEA and the Federal Aviation Administration and Incl Show less Read more
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