Pratt & Whitney agreed to a new three-year labor agreement with about 3,000 International Assn. of Machinists and Aerospace Workers members at its plants in East Hartford and Middletown, Conn. Those plants manufacture and repair commercial and military engines and component parts including the Boeing KC-46 tanker, Lockheed Martin F-35 Joint Strike Fighter, and the Airbus A320 commercial aircraft.
Neither Pratt & Whitney nor its parent Raytheon Corp. has commented on the agreement, which went into effect on May 2.
According to IAM, the new contract, includes:
– Improved job security language, including terms for new work;
– Annual general wage increases and pension multiplier;
– Increased personal time off and vacation terms;
– Enhanced health benefits, with a minimum average savings of $2,400, including on premium and out-of-pocket expenses per employee.
– Increased severance pay and re-education benefits.
“This was a solid effort by the negotiating teams in securing a firm agreement coming off a five-and-a-half-year contract with Pratt and Whitney,” stated IAM eastern territory general vice president David Sullivan. “With the membership education and committee preparations, Local 700 and 1746 teams succeeded in shoring a substantial agreement. I couldn’t be more proud of their efforts.”
