The accepted labor agreement will raise average machinist wages to $119,000 a year from roughly $76,000, according to the company.

Boeing's machinists voted to accept the company's latest contract offer, ending a strike that began on Sept. 13. The latest contract promises a 38% pay increase over four years, a $12,000 ratification bonus and an increased 401(k) match. The striking ...

Approval of the deal with 38 percent raises over four years is a key step toward recovery after Boeing suffered billions in losses from the work stoppages and safety problems.