Spirit Aerosystems Reaches Tentative Four-year Contract Agreement With Machinists Union At Wichita, Kansas-Based Plant
Portfolio Pulse from Benzinga Newsdesk
Spirit Aerosystems has reached a tentative four-year contract agreement with the Machinists Union at its Wichita, Kansas-based plant.

June 16, 2023 | 4:53 pm
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Spirit Aerosystems (SPR) has reached a tentative four-year contract agreement with the Machinists Union at its Wichita plant, potentially improving labor relations.
The tentative four-year contract agreement between Spirit Aerosystems and the Machinists Union at its Wichita plant is likely to have a positive short-term impact on SPR's stock price. The agreement may improve labor relations, leading to increased productivity and reduced risk of labor disputes, which can be beneficial for the company's performance and investor sentiment.
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