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EVERETT, Wash. There is relief and elation among Boeing workers in Everett after learning Thursday they will be building the new Air Force refueling tanker.

The Pentagon announced Boeing's 767 won out over EADS' Airbus 330 for the $35 billion contract.

Dale Flinn epitomizes the Boeing Machinist. He's been building airplanes for 23 years. His daughter was recently hired by the company. For him, the contract is very personal.

But it also helps my kids, my grandkids and the future of our nation, said Flinn.

Along with the jubilation, there is a sense of relief and security that Boeing jobs are here to stay.

I'm like a kid in a candy store right now, said one worker.

We've worked hard on Boeing's behalf for nearly a decade on this tanker deal. In fact, we could have built and delivered an entire fleet of tankers in the time it's taken to settle this deal, said Tom Wroblewski, the president of Machinists Union District Lodge 751, in a press release.

Union Machinists say they expect the contract to produce about 5,000 more jobs for the next 15 years. That will see a lot of them through to retirement. If the company gets round two of the contract, the children of those workers could retire from the company, too.

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