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Spirit AeroSystems and the Society of Professional Engineering Employees in Aerospace (SPEEA) have reached a new four-year contract agreement for engineers at Spirit's Wichita, Kansas site. The SPEEA announced on November 25 that over 1,000 engineers represented by the union now have this new contract.
The vote for the contract saw participation from 478 dues-paying members of the Wichita Engineering Unit (WEU) of SPEEA. The agreement was narrowly approved with 249 votes in favor and 229 against. The contract will be effective from December 2, lasting until December 1, 2028.
"The agreement will increase the amount of money available for wage increases for Spirit engineers by at least 23%, including the promotional fund, over four years – with a provision for greater raises if needed to match labor-market conditions." Additionally, there is a guaranteed minimum bonus of 5% in spring 2025 and increased contributions to employees' 401(k) funds in 2026.
