.jpg)
5 hours ago
1
Article content
GROTON, Conn. (AP) — The union for about 2,500 submarine designers at Electric Boat in Connecticut has tentatively agreed to a new contract with the company, averting a strike that would have begun Monday.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
The Marine Draftsmen’s Association-United Auto Workers of America, Local 571, essentially the workers responsible for designing the U.S. Navy’s nuclear submarine fleet, had threatened to strike earlier this month if the company did not make greater wage and benefit concessions.
Article content
Article content
The local’s negotiating committee announced the tentative contract agreement late Sunday, saying it contains “unprecedented” wage increases of more than 30% over the five-year term as well as increased retirement security. The deal now goes up for a vote by union members. Union officials did not say when the vote would be.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
“We’ve been saying it all along: The company didn’t want a work stoppage, we did not want a work stoppage,” William Louis, president of Local 571, said in a video posted on union social media sites Sunday night. “And as we’ve been telling you for a long time, we have been working endlessly to get to the table with the company and have something put together that we both agree on.”
Article content
Electric Boat, a subsidiary of Reston, Virginia-based General Dynamics, was recently awarded a contract worth more than $12.4 billion by the Navy for the construction of two Virginia-class submarines. The funding also covers improved pay for workers including the Marine Draftsmen’s Association.
Article content
“This package recognizes the essential role of the MDA members in the production of submarines for the U.S. Navy,” Electric Boat said in a joint statement with the union.
Article content
The union’s contract expired April 4, but leadership had agreed to continue bargaining with EB.
Article content
Electric Boat employs more than 23,000 people at his shipyard in Groton, Connecticut, engineering facilities in New London, Connecticut, and operations in Quonset Point, Rhode Island.
Article content
The company said its earlier offer included a 23.3% general wage increase over the life of the contract, plus benefits and an increased retirement package.
Article content
English (US)