Huntington Ingalls Industries and the United Steelworkers have struck a deal for a new labor agreement at the Newport News Shipbuilding division, the company announced Friday.
Members of the labor union at Newport News approved in a 1,985-131 vote the new agreement, which continues through Nov. 14, 2021. Its provisions include a 1.5 percent salary increase for each employee represented by the union, followed by a 2.6 percent increase next year, and 3 percent hikes the two years after that, Huntington Ingalls said.
Monthly pensions will also increase from $1,550 to $1,800 starting Oct. 1 for those who have served with the company continuously since at leaste June 2004, and newer hires will participate in a new retirement account contribution plan, the company said. The agreement will also give employees access to the company’s Family Health Center and other related benefits.
“The agreement continues to include language that enables Newport News to maintain critical flexibility to get work, keep work and perform work in a cost-effective manner,” Huntington Ingalls said.
Huntington Ingalls’ Newport News division is the sole designer and builder of nuclear-powered aircraft carriers in the United States, and one of two shipyards that designs and builds nuclear-powered submarines.
Another division of Huntington Ingalls, the Technical Solutions business segment, includes Stoller Newport News Nuclear, which provides the Energy Department with nuclear waste management and environmental services and is one of the parent companies for Savannah River Nuclear Solutions, the contractor managing the DOE’s Savannah River Site in South Carolina.
