Lockheed Martin Reaches Tentative Agreement with Union

BETHESDA, MD, April 24th, 2002 -- At the request of the Federal Mediation and Conciliation Service, Lockheed Martin Aeronautics Company - Marietta, Ga. officials met this week in Washington, D.C. with representatives of the International Association of Machinists & Aerospace Workers, Local Lodge 709. Lockheed Martin is pleased to announce that the discussions between the company and union bargaining committees were successful in reaching a tentative agreement today. Represented employees will have an opportunity to ratify the agreement at a time and place determined by the union.