More than 420 IAM members at a pair of Lockheed Martin Space Systems locations voted to accept a new three-year contract. The members are from District 112, Local 2772, in Kings Bay, GA, and District 160, Local 282, in Seattle, WA.
The contract includes general wage increases of three percent on March 1, 2010, three percent in 2011, and 2.5 percent in 2012, with a lump-sum payment of $1500 to each member of the bargaining unit. Members will also receive $700 cost-of-living supplements in each year of the agreement.
Certain economic benefits of the contract will also be extended to IAM members working for Lockheed Martin Space Systems at their Sunnyvale, CA, location, including inclusion of Machinists Custom Choices Worksite Benefits Program, increased minimum and maximum rates to seven classifications at the Kings Bay location and increased Military Training Leave from two weeks to three weeks.
“This is a great win for members of the IAM and for skilled workers across the country,” said Gary Allen, Western Territory GVP, who thanked Aerospace Coordinator John Crowdis for his work with the negotiating committee. “These sisters and brothers earned this contract by their performance on the job every day; and through their membership in the IAM, they are better able to care for their families. Congratulations to everyone involved.”