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December 29, 2012

No. 3 Machinists strike for 70 days at Lockheed Martin's Fort Worth plant

MACHINISTS_STRIKE_LOCKHEED_13_23645275From April 23 to June 29, thousands of Machinists at Lockheed Martin's Fort Worth aircraft plant were on strike.

The union members walked off Lockheed's F-35 production line after rejecting an April contract offer that eliminated a defined benefit pension plan for new hires and reduced the number of healthcare plan options to one HMO and a plan that featured higher employee deductibles and co-payments.

Workers felt it was unfair for the Lockheed to ask employees for concessions while management continued to collect large paychecks, bonuses and pensions.

But after seventy days of no paychecks and bills piling up, the Machinists voted 80 percent in favor of a new contract that some said was not much better than the one rejected earlier.

The four-year contract gives the 3,700 union members pay increases totaling 11 percent and a lump-sum bonus of $2,000. However, the new contract does not offer a defined pension benefit to new hires, instead the compay will offer a 401(k) retirement plan.

-Andrea Ahles

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Comments

Union Worker

Monkey see , monkey do, they lost their shirts on this contract. when they are all ready making over $28 @ hrs. What more can you ask. If they wasn't happy quit, go somewhere else ??? Be thankful you still have a job. Way Go ....Union... LOL

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