Lockheed Martin Collective Bargaining Agreement 2019

The collective bargaining agreement between Lockheed Martin and its employees for 2019 has been making headlines in recent days. The negotiations have been focused on wages, benefits, and job security, and have drawn the attention of both unions and lawmakers.

Lockheed Martin is one of the largest companies in the United States, with more than 105,000 employees, and is a major contractor of the U.S. Department of Defense. The company produces a range of high-tech products, including military aircraft, satellites, and missile defense systems.

The negotiations for the 2019 collective bargaining agreement began in January and have been ongoing for several months. The agreement will cover roughly 16,200 workers represented by the International Association of Machinists and Aerospace Workers.

One of the most contentious issues in the negotiations has been wages. The union has been pushing for a substantial pay increase, citing the fact that many workers have not seen a significant raise in several years. Lockheed Martin, however, has been hesitant to agree to a large increase, citing the need to remain competitive in the industry.

Another issue has been job security. The union has been pushing for strong language in the agreement that would protect workers from layoffs and outsourcing. They have argued that workers should not be penalized for factors outside of their control, such as changes in the economy or shifts in government contracts.

In addition to wages and job security, the negotiations have also focused on health care benefits and retirement plans. Both sides have been working to reach a fair and sustainable agreement that will ensure the long-term success of the company while also protecting the rights and interests of its employees.

Overall, the negotiations for the 2019 collective bargaining agreement between Lockheed Martin and its employees have been complex and challenging. However, both sides are working towards a fair and equitable agreement that will benefit everyone involved.

As the negotiations continue, it remains to be seen what the final agreement will look like. However, it is clear that both the company and the union are committed to reaching a mutually beneficial agreement that will ensure the success of the company and the well-being of its employees.

This entry was posted in Uncategorized. Bookmark the permalink.
Open chat
1
Hi, How can we help you?