Union approves Raytheon pact, ending strike

October 03, 2000|By BLOOMBERG NEWS

LEXINGTON, Mass. - Raytheon Corp. said yesterday that its second-largest union had approved a four-year contract, ending a five-week strike by about 3,000 manufacturing workers in Massachusetts.

Members of Local 1505 of the International Brotherhood of Electrical Workers walked off the job Aug. 27 after a dispute over wages and benefits. The strikers accounted for 3.2 percent of Raytheon's work force.

Raytheon, the third-largest defense contractor, gave the members of the union a 14.7 percent pay raise over the next four years and will increase its contribution to their pensions, said David Polk, a company spokesman.

About 2,700 of the union members are employed at a Raytheon plant in Andover, Mass., the Boston suburb where Raytheon makes Patriot missiles.

Results of the vote were not available. A union spokesman couldn't immediately be reached for comment.

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