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Lockheed Martin Machinists Approve New Labor DealMachinists Local 776 has approved a new labor deal with Lockheed Martin following a nine week strike, setting the stage for employees to return to work on July 2.
Lockheed Martin Doubles Job CutsDefense contractor Lockheed Martin Corp. plans to cut 1,500 jobs in its airplane-making business, saying it needs to cut costs due to the prospect of limited defense spending.
Standoff At Lockheed Martin Ends
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