The Boeing Company and the International Association of Machinists and Aerospace Workers union agreed to a new contract to officially end the 7-week strike.

If Boeing machinists vote down the company's pay offer for a third time it could drive Boeing deeper into financial uncertainty.

Seattle — Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.