Lockheed Martin, IAM Agree To New Four-year Contract | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-NextGen-05.21.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Wed, Mar 05, 2014

Lockheed Martin, IAM Agree To New Four-year Contract

Pact Covers More Than 4,700 LMC Employees

Members of the International Association of Machinists and Aerospace Workers (IAM) ratified a new four-year labor agreement with Lockheed Martin. The new contract was ratified March 2 and became effective Monday.

The new agreement extends to March 4, 2018. It covers more than 4,700 Lockheed Martin employees in seven IAM bargaining units – flight line mechanics, assemblers and support personnel – in Palmdale, CA, Marietta, GA, Sunnyvale, CA, and other locations.

"We're pleased that the IAM members ratified this new contract, which provides a fair economic package for our workforce, and positions Lockheed Martin to remain successful in a challenging environment," said Craig Weller, vice president, Corporate Labor Relations. "This agreement rewards our employees and allows them to continue their critical work on programs vital to our nation's security."

Lockheed Martin's business at the five sites in 10 states includes support for programs under Aeronautics such as the F-35, F-22, ADP Programs, U-2, C-130 and C-5; and Space Systems such as satellite programs of AEHF, MUOS, SBIRS, GPS III and Classified Programs.

(Image from file)

FMI: www.lockheedmartin.com, www.goiam.org

Advertisement

More News

ANN's Daily Aero-Term (05.19.24): Back-Taxi

Back-Taxi A term used by air traffic controllers to taxi an aircraft on the runway opposite to the traffic flow. The aircraft may be instructed to back-taxi to the beginning of the>[...]

Aero-News: Quote of the Day (05.19.24)

“Our WAI members across the nation are grateful for the service and sacrifice of the formidable group of WASP who served so honorably during World War II. This group of brave>[...]

Aero-News: Quote of the Day (05.20.24)

“Many aspiring pilots fall short of their goal due to the cost of flight training, so EAA working with the Ray Foundation helps relieve some of the financial pressure and mak>[...]

ANN's Daily Aero-Term (05.20.24): Blind Speed

Blind Speed The rate of departure or closing of a target relative to the radar antenna at which cancellation of the primary radar target by moving target indicator (MTI) circuits i>[...]

ANN's Daily Aero-Linx (05.20.24)

Aero Linx: International Airline Medical Association (IAMA) The International Airline Medical Association, formerly known as the Airline Medical Directors Association (AMDA) was fo>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC