Lockheed Martin union workers ratify new contract

Union workers who assemble F-35 aircraft at Fort Worth-based Lockheed Martin Aeronautics Co. voted Sunday to ratify a new contract.

About 4,000 members of International Association of Machinists and Aerospace Workers District 776 approved the new contract that includes wage increases between 4% and 6%, increased vacation time, and no mandatory overtime schedules. The contract includes a $6,000 bonus and improvements to retirement benefits. The agreement also covers IAM Union members at Edwards Air Force Base in California and Naval Air Station Patuxent River in Maryland.

Contract negotiations have continued since mid-March. The new agreement starts June 15 and is in effect through June 18, 2030, according to a news release…

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