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Union ratifies new contract with Raytheon Missile Systems
http://azstarnet.com/business/local/union-ratifies-new-contract-with-raytheon-missile-systems/article_ed4fb692-2147-11e2-b5a4-001a4bcf887a.html
October 28, 2012 2:39 pm • Arizona Daily Star
Bargaining unit members ratified a new three-year contract today for about 1,600 hourly workers at Tucson's Raytheon Missile Systems.
The contract includes a general wage increase of 2.75 percent in both the first and second years, and a 2.5 percent increase in the third year. Those numbers are the same as in the last contract, said James E. Watson, directing business representative for Old Pueblo Lodge 933 of the International Association of Machinists and Aerospace Workers.
Also included in the new contract are a $750 signing bonus for bargaining unit members; and caps on how much healthcare premiums can rise.
"It was a very tough round of negotiations. I'm very proud of our membership," Watson said. "This local continues to set the standard for wages and benefits for our community, and especially for all of the defense workers in the state of Arizona."
FULL story at link.
