Union members react on Sept. 12 after voting results at their union hall in Seattle, Washington. Photo: Jason Redmond/AFP via Getty Images
Boeing presented a new contract to its striking machinists union today, one which Boeing's chief negotiator termed a "best and final offer."
Between the lines: The company's new offer includes several sweeteners, including wage increases of 30% over four years, up from the 25% that workers had rejected less than two weeks ago, the Seattle Times reported.
The company reportedly reiterated that it would not restore the defined-benefit pension that workers had hoped to get back.
State of play: The two sides restarted negotiations last week with a federal mediator, as 33,000 workers continue to strike.
Brian Bryant, the international president of International Association of Machinists, said the union was reviewing the offer, per the New York Times.
What's next: The union is reportedly required to put it to a vote, which will likely come this week.
