Boeing Company (NYSE:BA) and a union representing about 125 of its firefighters have reportedly reached a tentative contract agreement.
Boeing had previously locked out members of the International Association of Fire Fighters (IAFF) Local I-66 in early May after they rejected two contract proposals.
The move garnered concern from President Joe Biden. The new agreement is expected to be voted on Thursday, with the goal of ending the lockout and concluding months of negotiations, reported Reuters.
“This tentative agreement addresses the needs of our firefighters and the company,” both parties stated, according to the report.
If the agreement is approved, the firefighters are anticipated to return to their duties on Saturday. During a rally outside Boeing headquarters in Arlington, Virginia, on May 14, ...