September 22, 2026
BAE Systems Inc. has asked a D.C. federal court to vacate an arbitrator's award ordering it to pay an International Association of Machinists pension fund roughly $16.2 million, claiming the calculation of the company's withdrawal liability was not done in accordance with federal benefits law.
May 14, 2026
The Machinists union's pension fund asked a D.C. federal court to approve an arbitrator's rejection of BAE Systems Inc.'s claims that the fund improperly calculated its roughly $16.2 million withdrawal liability.