On Friday, Feb. 23, Lockheed Martin and the International Association of Machinists and Aerospace Workers (IAM&AW) negotiators reached a tentative agreement for a new five-year contract for nearly 4,000 IAM represented employees at Aeronautics and Space.
The tentative agreement includes a competitive pay package, retirement savings and competitive health care coverage for employees and their families.
IAM-represented employees in Palmdale, Marietta, Sunnyvale, Eastern Range, Vandenberg Air Force Base, Clarksburg and Meridian are expected to vote on the proposed agreement on Sunday, March 4, 2018.
This recommendation acknowledges the dedicated work by the union and company negotiating teams to negotiate in good faith for a contract that provides competitive benefits and positions Lockheed Martin to continue to win business in a difficult economic environment.
About this Site
Thank you for your interest in Lockheed Martin’s labor contract negotiations. The current contracts between Lockheed Martin and the International Association of Machinists and Aerospace Workers (IAM) are in effect until March 4, 2018. Economic discussions will begin in February, with local negotiations starting in late 2017 and early 2018.
This Lockheed Martin negotiation site provides updates on Palmdale, California; Marietta, Georgia; Meridian, Mississippi; Clarksburg, West Virginia contract negotiations with the IAM for Aeronautics, the Bay Area and Vandenberg Air Force Base/Santa Maria in California and the Eastern Range at Cape Canaveral, Florida contract negotiations with the IAM for Space Systems. Use the links below for site-specific information. News and information will be posted as progress is made in the negotiations, including details to help employees understand certain issues discussed by Lockheed Martin and the union negotiations teams. Lockheed Martin employees and their families can use this site as a source for information, answers to frequently asked questions, links to other resources and a place to ask questions. Check in periodically to get the latest updates from your business.