DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business

Strike averted as submarine designers in Connecticut agree to contract with Electric Boat

May 19, 2025
in Business, News
Strike averted as submarine designers in Connecticut agree to contract with Electric Boat
493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

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.

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.

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.

“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.”

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.

“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.

The union’s contract expired April 4, but leadership had agreed to continue bargaining with EB.

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.

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.

The post Strike averted as submarine designers in Connecticut agree to contract with Electric Boat appeared first on Associated Press.

Tags: BusinessNation
Share197Tweet123Share
The SAVE Act Could Threaten Voting Access for Many Women—And Repeat History
News

The SAVE Act Could Threaten Voting Access for Many Women—And Repeat History

by TIME
May 19, 2025

On April 10, 2025, the House of Representatives passed the Safeguard American Voter Eligibility (SAVE) Act on a largely party-line ...

Read more
News

Trump Transportation Chief Sure Chose a Convenient Time to Sell Stock

May 19, 2025
News

Central U.S. braces for more severe weather after storms, tornadoes kill 29

May 19, 2025
News

Das Update vor dem Telefonat von Trump und Putin

May 19, 2025
News

Portugal: Center right wins election but far right snaps at heels

May 19, 2025
Researchers made a stretchy battery that can change into any shape

Researchers made a stretchy battery that can change into any shape

May 19, 2025
OpenAI just revealed that ‘many’ potential investors have walked away over its unusual structure

OpenAI just revealed that ‘many’ potential investors have walked away over its unusual structure

May 19, 2025
Where to find Wolf Statues in Doom: The Dark Ages

Where to find Wolf Statues in Doom: The Dark Ages

May 19, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.