Boeing has reached a tentative four-year agreement with the International Association of Machinists, representing over 33,000 employees, potentially averting a strike set to begin just days later. The deal includes a historic 25% wage increase, improved healthcare benefits, and a commitment to build the next commercial airplane in the Pacific Northwest, ensuring job security for the region. This marks the first full contract negotiation in 16 years, with the union initially demanding a 40% wage increase. The agreement, which requires ratification by September 12, also enhances retirement benefits and job security provisions. Boeing's commitment to maintaining production in its traditional hub comes at a critical time as the company faces ongoing scrutiny and aims to stabilize production rates of its 737 MAX model. Union leaders have expressed their support for the agreement, calling it the best contract negotiated in their history.