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Nearly 350 members of IAM Local 2171 (District 98) in Johnstown, Pa., have ratified a strong new contract with Lockheed Martin.
Members will see an immediate average pay increase of 11.5% in the first year for members in the wage progression and an 8.3% for those not in the wage progression, as well as yearly general wage increases of 4%, 3% and 3% through the new contract’s expiration in 2027. Over the contract’s life, the average wage will increase by 19.5%.
Other improvements include a ratification bonus of $4,000 and an increased supplemental wage payment from $600 to $1,000 per year. The contract also includes improvements to differential pay, paid time off, short-term disability, call-in pay, retirement security, and the medical plan.
“The IAM Eastern Territory and all of its resources were available to the Negotiating Team,” said IAM Eastern Territory General Vice President David Sullivan. “They utilized those tools to bring back an agreement worthy of our membership’s work. This is a great victory for the membership and their families.”
“The Negotiating Committee stood strong and tall under unbelievable pressure from the membership,” said IAM District 98 Business Representative Mike Wentzel. “The Negotiating Committee helped deliver the best economic gains in the history of the Johnstown location.”
The four-year deal expires in 2027.
