IAM/Lockheed Martin Negotiations Update

According to an article published in the Washington Post this week, Lockheed Martin’s largest customer is the U.S. Government.

“Of Lockheed Martin’s $51 billion in sales last year, nearly 70 percent, or $35.2 billion, came from sales to the U.S. government. It’s a colossal figure, hard to comprehend.

So think of it this way: Lockheed’s government sales are nearly what the Trump administration proposed for the State Department next year in its recently released spending plan. Or $15 billion more than all of NASA. Or about the gross domestic product of Bolivia.” – From an article titled “Lockheed Martin got $35.2 billion from taxpayers last year. That’s more than many federal agencies.,” Washington Post, February 16, 2017

“Our negotiating committee will remain steadfast and resolved at the negotiating table to ensure our members and their families reap the reward for their labor that continues to make Lockheed Martin profitable. We demand nothing less than a fair contract for their effort,” said Western Territory General Vice President Gary Allen.

“Lockheed Martin needs to know that we are here to represent the Machinists. The company needs to share its profits with those who helped to achieve them.  We should not give up what we have worked for over decades of collective bargaining,” said Southern Territory General Vice President Mark A. Blondin. “We want to make sure no one gets left behind.  In addition to good wages and strong benefits, things like seniority and job security mean something to union families.” 

Let’s not take away the pride our members have on Lockheed shop floors across the U.S.A. by offering them substandard wages when compared to the success the company is currently experiencing.  The IAM is honored to provide the U.S. Government all that it needs to protect this great country and is hopeful that the company will provide the workers the wages they need to maintain these awesome jobs.

For more information, log on to www.iamlockheed.com