2025
- 37% Higher Pay Raise: Secured a 3.7% increase for 2025, up from the proposed 2.7%,
adding $1,000 per $100,000 salary for non-supervisory MTS.
- Increased 401(k) Catch-up: Raised 401(k) catch-up contribution limit to $10K for
participants ages 60-63 starting January 1, 2025.
- 401(k) Match for Student Loan Payments: Aerospace will match employee student
loan payments as 401(k) contributions, per the Secure 2.0 Act. This benefit is particularly
valuable for recent graduates with moderate incomes (averaging $58,000) and high debt
levels (averaging $33,000 for federal borrowers aged 25 to 35).
- Roth 401(k) Option: Employees will have the option to receive Company 401(k)
contributions (basic and matching) in their Roth 401(k), not just a Traditional 401(k).
2024
- 37% Higher Pay Raise: Secured a 3.7% increase for 2024, up from the proposed 2.7%,
adding $1,000 per $100,000 salary for non-supervisory MTS.
- Doubled Comp Time Accrual Limit: For FY24 and FY25, the limit will rise to 40
hours per week for full-time MTS and 20 hours for part-time MTS, enhancing work-life
balance for employees.
- Doubled Military Leave Pay: Increased supplemental pay from 15 days to 30 days. The
increase, while initially rejected by the Corporation, supports our troops and customers
and helps Aerospace attract and retain top talent also serving in the military.
- Protection from Bullying: The Corporation added Anti-Bullying language to its policy
on Prohibition Against Harassment and Retaliation.
- Wage Protections in New Job Framework: Aerospace replaced its 3-tiered MTS grade
structure with a 7-tiered structure. APSA negotiated various improvements:
- Maximum of the salary ranges is 3% higher than the Corporation’s initial
proposal
- MTS whose salary are above the new maximums will not be reduced
- The company will not decrease the new negotiated salary ranges or midpoints
during the term of the contract
2023
- 11% Higher Pay Raise: Secured a 3.0% increase for 2023, up from the proposed 2.7%,
adding $300 per $100,000 salary for non-supervisory MTS.
- New Holiday: Added Veteran’s Day.
2022
- 11% Higher Pay Raise: Secured a 3.0% increase for 2022, up from the proposed 2.7%,
adding $300 per $100,000 salary for non-supervisory MTS.
- 40% Higher Promotion Pay Pool: The Corporation initially proposed a 1.0% pool for
promotional and special salary increases but APSA secured a 1.4% pool.
- New Holiday: Added Martin Luther King Jr. Day.
- Enhanced EWW: Earned after 42 hours instead of 48 hours as proposed by the
Corporation for FY22.
- 50% Higher Military Leave Pay: Increased supplemental pay from 10 days to 15 days.
- Medical Benefits for Military Deployment: 12 months of medical coverage during
deployment. While initially rejected by the Corporation, supports our troops and
customers and helps Aerospace attract and retain top talent also serving in the military.
2021
- 28% Higher Pay Raise: Secured a 3.2% increase for 2021, up from the proposed 2.5%,
adding $700 per $100,000 salary for non-supervisory MTS.
2020
- 28% Higher Pay Raise: Secured a 3.2% increase for 2020, up from the proposed 2.5%,
adding $700 per $100,000 salary for non-supervisory MTS.
- Doubled Comp Time Accrual Limit: The company increased the Compensatory time
accrual limit from 9 hours to 20 hours a week. This helps an employees’ work-life
balance when they go above-and-beyond to help Aerospace meet its commitments.
2019
- Pay Raise: Secured a 3.0% merit increase for 2019.
2018
- Boosted Retirement: APSA successfully advocated for higher 401(k) contributions,
increasing total employer contribution by up to 25% to 50% for employees with over 5
(from 8% to 10%) and 25 years of service (from 8% to 12%), respectively. This could
add hundreds of thousands to retirement savings over an employee’s career and helps
Aerospace retain its most experienced employees.
- Pay Raise: Secured a 3.0% merit increase for 2018.
- Increased Parental Leave: Additional 4 weeks of parental leave