Boeing's earlier 401(k) offer on Sunday included a company match of workers contributions up to 10% of workers' salaries along with an automatic contribution of 2% for 2023 and 2024. Boeing had also offered a $3,000 ratification bonus.

Boeing currently provides a 4% company contribution and a 75% match on the first 8% of an employee contribution.

Boeing has posted deep losses each of the last three years, with net losses topping $18 billion since the start of 2019. But those losses were primarily related to its commercial aircraft business, which has been buffeted by the 20-month grounding of the 737 Max that started in March of 2019 following two fatal crashes, as well as a sharp drop in demand for air travel caused by the pandemic.

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The company's defense, space and security business unit posted a $1.5 billion profit each of the last two years. But Boeing reported a loss of $929 million in its defense business in the first quarter this year after a number of special charges, including a $660 million charge related to its refurbishment of two 747 jets to be used as the new Air Force Ones. Boeing posted a narrow $71 million profit in the second quarter.

Boeing's earlier 401(k) offer on Sunday included a company match of workers contributions up to 10% of workers' salaries along with an automatic contribution of 2% for 2023 and 2024. Boeing had also offered a $3,000 ratification bonus.

Boeing currently provides a 4% company contribution and a 75% match on the first 8% of an employee contribution.

Boeing has posted deep losses each of the last three years, with net losses topping $18 billion since the start of 2019. But those losses were primarily related to its commercial aircraft business, which has been buffeted by the 20-month grounding of the 737 Max that started in March of 2019 following two fatal crashes, as well as a sharp drop in demand for air travel caused by the pandemic.

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The company's defense, space and security business unit posted a $1.5 billion profit each of the last two years. But Boeing reported a loss of $929 million in its defense business in the first quarter this year after a number of special charges, including a $660 million charge related to its refurbishment of two 747 jets to be used as the new Air Force Ones. Boeing posted a narrow $71 million profit in the second quarter.