LOCKHEED REPORTS TENTATIVE CONTRACT.Byline: Charles F. Bostwick Daily News Staff Writer Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. officials said they reached tentative agreement on a union contract covering 2,000 Skunk skunk, name for several related New World mammals of the weasel family, characterized by their conspicuous black and white markings and use of a strong, highly offensive odor for defense. Works employees. Without releasing details on the tentative agreement, Lockheed Martin officials said the International Association of Machinists and Aerospace Workers The International Association of Machinists and Aerospace Workers is an AFL-CIO/CLC trade union representing approx. 646,933 workers as of 2006 in more than 200 industries. will conduct ratification votes among its members at Lockheed Martin plants in Georgia, the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay and Palmdale. ``We've been cautioned against saying very much,'' said Lockheed Martin spokesman James Fetig. At the International Association of Machinists office in Palmdale, officials said Monday that they had no information to release on the proposed contract. Local workers are scheduled to vote Feb. 28. The tentative agreement covers some 8,400 employees at Lockheed Martin Skunk Works in Palmdale, Lockheed Martin Aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau Systems in Marietta, Ga., and Lockheed Martin Missiles & Space in Sunnyvale, Calif. At the Skunk Works, the agreement covers about 2,000 mechanics, technicians, assemblers, some clerical personnel and some maintenance workers, Fetig said. Talks had begun at each local company in December and shifted to San Antonio at the beginning of February, Lockheed Martin said. The company said further details of the new agreements are being withheld pending ratification votes by the union local memberships. The anniversary of the current three-year collective bargaining agreements The contractual agreement between an employer and a Labor Union that governs wages, hours, and working conditions for employees and which can be enforced against both the employer and the union for failure to comply with its terms. is March 1, 1999. |
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