Eligible IAM members employed by Spirit AeroSystems in Wichita, KS, will each receive $61,440 thanks to a unique Union Equity Program (UEP) negotiated by Machinists Union leaders following the sale of Boeing's Wichita operations in 2005. IAM members formerly employed by Boeing ratified a new contract with Spirit in 2005 that included the UEP in exchange for nearly $200 million in wage and benefit modifications.