Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Striking workers at Pratt & Whitney to vote on revised contract offer
    Finance

    Striking workers at Pratt & Whitney to vote on revised contract offer

    Published by Global Banking & Finance Review®

    Posted on May 23, 2025

    2 min read

    Last updated: January 23, 2026

    Striking workers at Pratt & Whitney to vote on revised contract offer - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insuranceemployment opportunitiesfinancial management

    Quick Summary

    3,000 Pratt & Whitney workers will vote on a new contract offer after a strike affecting Connecticut plants. The union demands job security for F-35 production.

    Pratt & Whitney Workers Set to Vote on New Contract Proposal

    By Dan Catchpole

    (Reuters) -About 3,000 striking workers at RTX's Pratt & Whitney are slated to vote on a contract offer from the engine maker next week, the company and the union representing the workers announced on Friday, one day after negotiations resumed.

    The nearly three-week-long strike has significantly slowed production at two of the company's plants in Connecticut.

    Union representatives have said the workers' top priority is getting Pratt to commit to keep work for Lockheed Martin's F-35 fighters in the state. Members of the International Association of Machinists and Aerospace Workers overwhelmingly rejected the first contract offer on May 4. 

    "On Tuesday, our members will decide if we achieved our objectives around job security, wage security, and retirement security," IAM leaders said in a message sent Friday to members. "This new proposal has significant changes/improvements in all three of these core areas."

    A Pratt spokesperson declined to comment on the specifics of the offer. 

    The strike is the first in more than 20 years at the enginemaker's Connecticut sites, where it produces engines for the F-35 and about 70% of the company's geared turbofan engine, which is used in European planemaker Airbus' strong-selling A320 neo family.

    Pratt has reassigned some engineers to production lines as part of its contingency plan, which was first reported by Reuters.

    (Reporting by Dan Catchpole in Seattle; Editing by Cynthia Osterman)

    Key Takeaways

    • •3,000 Pratt & Whitney workers are striking.
    • •Vote on new contract offer scheduled for next week.
    • •Strike has slowed production at Connecticut plants.
    • •Union seeks job, wage, and retirement security.
    • •First strike in over 20 years at these sites.

    Frequently Asked Questions about Striking workers at Pratt & Whitney to vote on revised contract offer

    1How many workers are involved in the strike at Pratt & Whitney?

    About 3,000 striking workers at RTX's Pratt & Whitney are involved in the strike.

    2What is the main priority for the striking workers?

    The workers' top priority is getting Pratt to commit to keeping work for Lockheed Martin's F-35 fighters in Connecticut.

    3When will the workers vote on the revised contract offer?

    The workers are slated to vote on the contract offer next week.

    4What has been the impact of the strike on production?

    The nearly three-week-long strike has significantly slowed production at two of the company's plants in Connecticut.

    5What contingency plans has Pratt implemented during the strike?

    Pratt has reassigned some engineers to production lines as part of its contingency plan.

    More from Finance

    Explore more articles in the Finance category

    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    View All Finance Posts
    Previous Finance PostAdvisory firm Glass Lewis backs Toyota chairman re-election
    Next Finance PostMoody's lifts outlook on Italy to 'positive' as finances improve