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Boeing engineers approve new contract, strike averted

Original: JUST IN: SPEEA members approve new Boeing labor contract, avoiding possible strike

Members of SPEEA, the union representing Boeing engineers and technical workers, have voted to approve a new labor contract with the aerospace company, avoiding a possible strike. The deal ends a contentious negotiation period, and its approval comes as a relief for Boeing, which has faced repeated labor and production disruptions in recent years.

Why now: The vote averts a strike at a company already struggling with production and financial problems, making the outcome significant news.

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