Two resolutions challenging the role Rockwell International plays in nuclear arms production were defeated soundly by stockholders at the firm's annual meeting here today.
The resolutions, presented by dissident stockholders, called on the Pittsburgh-based firm to detail the nature of Rockwell's work at its Rocky Flats Nuclear Plant located about 16 miles north of Denver. The resolutions also asked for a report on the impact the 1977 cancellation of the B1 bomber program had on the company and its employes.
Rockwell, a $5.7 billion, multinational corporation with interests in electronics, acrospace, energy and consumer products, was prime contractor on the B1 program.
The announcement of the vote came after a three-hour meeting in which religious group members and Dr. Daniel Ellsberg challenged Rockwell management on their opposition to the resolutions.
"The Rocky Flats plant should be closed and moved, Ellsberg said as he presented a petition to the company, asking that the contract at the plant be allowed to expire.
The Rockwell Nuclear Plant at Rocky Flats is involved in the production of detonators and components for thermo-nuclear and neutron bombs.
Rockwell employs 3,200 workers at the plant, which the company operates under a $112 million contract with the federal government.
Specifically, the Rocky Flats resolution called on Rockwell to prepare a written report for stockholders on the company's nuclear operations at Rocky Flats. It also asked the firm to report on the advisability of renewing the current contract in light of what was called the growing public concern over nuclear facilities.
The second resolution called on Rockwell management to report on the impact of the cancellation of the B1 program on the company and its employes. Additionally, the resolution asked the company to detail how it dealt with employes who lost their jobs as a result of layoffs stemming from the cancellation, and what Rockwell's plans are for diversifying in non-military areas.
At a press conference immediately following the shareholders meeting, Robert Anderson, president chief executive officer, charged that the dissident stockholders were using Rockwell's annual meeting as a forum to protest nuclear arms. He said the group should lodge such complains with elected officials.