AEROSPACE

Lockheed Office Workers’ Union OKs Contract: The 1,200-member office workers’ union at Lockheed Corp. has approved a new three-year agreement that gives each member a $3,100 bonus before the Christmas holidays. Under the agreement, union members will receive a $1,600 ratification bonus and a $1,500 bonus in place of raises equal to increases in the cost of living. In the second year of the contract, union members will get a $1,100 bonus instead of a full cost-of-living adjustment. However, the machinists, the firm’s largest labor union, and Lockheed negotiators remained far apart in bargaining for a pact to cover the union’s 6,000 members for the next three years.