Lockheed Martin Machinists Approve New 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-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Tue, Mar 04, 2008

Lockheed Martin Machinists Approve New Contract

Three-Year Agreement Included Bonuses, Cuts For New Hires

Not everyone was thrilled with the deal... but in the end, workers at the Lockheed Martin plant in Marietta, GA voted overwhelmingly in favor of a new three-year contract.

The Atlanta Journal-Constitution reports about 88 percent of workers represented by International Association of Machinists Local 709 approved the contract, which included a 10-percent wage increases, and signing bonuses.

"We did have a large turn-out of our membership -- probably one of the largest turn-outs we've had in recent years," said Local 709 President Jeff T. Goen, adding the contract "may be the best package we've ever gotten."

As ANN reported last week, workers at five Lockheed plants nationwide were scheduled to vote Sunday on the tentative agreement reached last week. A full 98 percent of union membership at Local 709 had taken a preliminary vote to strike, ahead of the final offer.

Goen said health care was a significant bone of contention during negotiations. "The union stood firm on that issue," he said. "We would not ratify or recommend to our membership that the contract be ratified." Under the new contract, employee costs will remain at the current rate of 13 percent.

Workers say that to accommodate raises and benefits for current workers, however, new hires will take it on the chin. Mike Sudan, who has worked at the Marietta facility for 32 years, remained disillusioned that new hires wouldn't receive benefits upon retirement. And Steve Foster, with four years on the job, opposed the current two-tier pay structure that fixes wages for newer employees at lower rates than veteran machinists.

"I'm OK with the raises and bonus," he said, "but that's unfair."

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

Advertisement

More News

ANN's Daily Aero-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.21.24)

Aero Linx: JAARS, Inc. For decades now, we’ve landed planes on narrow rivers and towering mountains. We’ve outfitted boats and vehicles to reach villages that rarely se>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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