Catherwood LibraryILR School

With Lockheed Martin and its employees already embroiled in a major labor dispute, the aerospace industry may experience even more labor unrest as the clock runs down on the Boeing Company’s contracts with its employees. The International Association of Machinists (IAM)---which represents 22,700 workers at Boeing, and the Society of Professional Engineering Employees in Aerospace (SPEEA)---which represents 24,000 workers at Boeing, have both struck the company in recent negotiations and have contracts that expire later this year. With Boeing’s weak financial position likely to make it reluctant to take a strike, however, neither union yet sees the need to strike arising in the upcoming negotiations.