Boeing (BA) factory workers are set to vote on the tentative labor agreement proposed by the aircraft manufacturer earlier this week. A potential strike looms by the 33,000 union members as the current contract with Boeing also expires today.

Yahoo Finance senior reporter Pras Subramanian details Boeing's contract proposal — which includes a 25% wage increase — and the significance a strike of this size could have on Boeing's operations and guidance.

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This post was written by Luke Carberry Mogan.