Boeing's 27,000 striking machinists could be back to work within days if they approve a deal hammered out with the help of a federal mediator late last night, the Seattle Post-Intelligencer reports. The deal will give machinists a 15% pay increase over four years and limit the amount of work outside companies can perform in Boeing plants. Job security has been the central issue for strikers.
Union members are expected to vote in favor of the deal and end the strike—now in its 52nd day—that has cost Boeing billions and delayed production of the 787 Dreamliner. Union chiefs hailed the workers’ perserverance and said the new deal represented a big step forward from Boeing's "final offer," rejected by machinists last month.
(More Boeing stories.)