IAM Members Approve Contract, Keep Boeing 777X in Washington

In a 51% to 49% vote, members of the International Association of Machinists and Aerospace Workers accepted a new contract from Boeing that will keep production of the future 777 variant in Washington State while cutting retirement benefits. The majority voted against the wishes of union leaders, but with the wishes of many Washington State lawmakers, who offered Boeing $8.7 billion in subsidies to stay in the state.

Image Source: The New York Times