Union members approve deal to keep Sikorsky Aircraft

Markets Associated Press

Union members have voted for a deal that would keep Sikorsky Aircraft manufacturing U.S. Navy helicopters in Stratford, Connecticut, for at least the next 16 years.

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More than 2,000 Teamsters voted Sunday for the state deal that includes a 25 percent pay cut for workers hired starting in 2017. The deal had been reached between Sikorsky, Democratic Gov. Dannel P. Malloy's administration and Sikorsky's new owner, Maryland-based Lockheed Martin.

It had received General Assembly approval Sept. 28.

Sikorsky agreed to increase its full-time employment in Stratford by 400 employees by the 14th year of the agreement.

Sikorsky is tasked with building CH-53K helicopters, next-generation helicopters that Lockheed sought $400 million in savings to make.

The new proposal also includes pension changes, a ratification bonus and a change in workweek hours.