2026 Negotiations

We had a productive first day of talks with SPEEA’s negotiations team. Both parties reaffirmed their commitment to interest-based bargaining with the goal of identifying priorities and issues, and then working together toward solutions.

SPEEA shared a deeper dive of the contract priorities they outlined a few weeks ago. Our team then provided an overview of how we benchmark against other local companies to ensure competitive pay, as well as how our market-leading 401(k) and healthcare plans keep us ahead of our aerospace and tech peers.

We’ll reconvene for a session tomorrow and then move to more in-depth discussions after the holiday weekend.

During our early conversations with SPEEA, we’ve already found several areas of common interest and look forward to learning more about what’s most important to you at the bargaining table.

We’ve made good progress as a company over the last two years and it’s important we do everything we can to continue that momentum. Anything that jeopardizes our progress would hurt our customers and throw our recovery off course. That’s why we wanted to start earlier to reach an agreement and allow everyone to focus on the important work ahead. And the dollars we’d spend executing a contingency plan could instead be invested in all of you as we work toward a strong contract offer.

Interest-based bargaining is a collaborative negotiations approach that emphasizes mutual respect and problem solving. Instead of focusing on rigid demands and viewing negotiations as a win-lose battle, the two parties identify priorities and issues and then jointly work toward a solution.