Business

June 25, 2012

Lockheed Martin, IAM reach tentative labor contract agreement

At the request of the Federal Mediation and Conciliation Service, Lockheed Martin officials met June 20-23 with representatives of the International Association of Machinists and Aerospace Workers, District 776, which represents about 3,600 striking Lockheed Martin employees in Fort Worth and at Edwards AFB, Calif., and NAS Patuxent River, Md.

“We are pleased to report our discussions with the union have been productive and we reached a tentative agreement this evening to end the strike,” said Greg Karol, Lockheed Martin’s vice president of Labor Relations. “Lockheed Martin’s revised offer will be unanimously recommended for acceptance by the union bargaining committee to the membership at the ratification vote early next week. We look forward to having them back on the job, building the world’s best fighters. We appreciate the assistance of the Federal Mediation and Conciliation Service in helping us work out many differences and progress to this point,” Karol said.

The company and union negotiators have not disclosed terms of the tentative agreement. The union will hold a mass meeting and vote on the company’s proposal at a time and place to be announced.

Members of the IAM rejected the company’s previous contract offer on April 22 and went on strike April 23.




All of this week's top headlines to your email every Friday.


 
 

 
NG-people2

Northrop Grumman names VP, mission assurance for Electronic Systems sector

Northrop Grumman has appointed Sonal B. Deshpande vice president of mission assurance for the company’s Linthicum-based Electronic Systems sector. In this position, Deshpande is responsible for mission assurance across th...
 
 
sikorsky-raider

Sikorsky S-97 Raider helicopter achieves successful first flight

Sikorsky Aircraft Corp., a United Technologies Corp. subsidiary, announced May 22 the successful first flight of the S-97 Raider™ helicopter, a rigid coaxial rotor prototype designed to demonstrate a game-changing combination...
 
 
NG-people

Northrop Grumman appoints VP, program manager ISR division

Northrop Grumman announced it has appointed Steve Lunny, vice president and program manager for the intelligence, surveillance and reconnaissance division within the company’s Information Systems sector. Lunny will report...
 

 

HELLADS laser completes development

General Atomics Aeronautical Systems, Inc. announced May 21 that the High-Energy Liquid Laser completed the U.S. government acceptance test procedure and is now being shipped to the White Sands Missile Range, N.M. At WSMR, the laser will undergo an extensive series of live fire tests against a number of military targets.  GAASI is a leading...
 
 
boeing-transaero

Boeing delivers Transaero’s first Next-Generation 737-800

Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airpla...
 
 
Boeing photograph

Boeing-upgraded French AWACS take flight

Boeing photograph A French AWACS aircraft patrols the skies as part of a routine mission. The French AWACS fleet is in the midst of the Mid-Life Upgrade that modernizes the capabilities on board. Initial operating capability of...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>