
Union Bonus. As part of its new long-term contract with its machinists workers, Boeing will be paying each worker a $10,000 upfront bonus, which amounts to about $300 million, according to company officials on Wednesday’s fourth quarter earnings call. Asked by Jefferies & Co. defense analyst Howard Rubel what Boeing expects to get in return for the upfront cash bonus, Jim McNerney, the company’s CEO, says that the new contract gives the company “10 years of stability” versus having a…