Lockheed Fort Worth Machinists Union Ratifies New Contract

FORT WORTH (CBSDFW.COM) – About 5,000 members of the International Association of Machinists and Aerospace Workers (IAM) District 776 in Fort Worth, Texas, voted on Sunday, April 24, 2022, to ratify a new contract with Lockheed Martin.

The four-year, two-month contract takes effect Monday, April 25, and includes historic pay increases and strong benefits:

  • An effective general salary increase of 16% during the term of the contract
  • Additional cost of living adjustments and an annual supplement of $1,000
  • Improvements to the retirement plan
  • A $4,000 ratification bonus
  • Field salary improvements, annual progression increases, shift bonuses and more

The contract, which had been under negotiation since February and was unanimously recommended by the IAM District 776 negotiating committee, maintains the previous health plan.

IAM members at the Fort Worth location help build the F-35s, whose supply chain supports more than 254,000 jobs and 1,800 supplies in 48 states and Puerto Rico.

“We demanded an equitable contract that fairly compensated the best aerospace and defense workers in the world, and today we achieved it,” said Paul Black, president and CEO of IAM District 776. “The solidarity and strength of our membership and bargaining committee got us through this process.”

“We are pleased that IAM members have ratified this new contract. We offered an industry-leading agreement that balances the needs of our customers with the reward of our excellent workforce,” said Nick Drazic, vice president of Aviation Operations for Lockheed Martin. “Our employees perform a critical task for our customers and the nation through their work supporting critical aircraft production programs.”

The new agreement takes effect April 25 and runs through June 14, 2026. It covers about 5,000 mechanics, assemblers and support personnel from Lockheed Martin’s production and flight line in Fort Worth, Texas, the Base Air Force Edwards, California and Patuxent River, Maryland.

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