WASHINGTON, DC – This week, Rep. Joe Courtney spoke on the House Floor applauding the recent ratification of the five-year labor contract between General Dynamics Electric Boat and the Metal Trades Council. Union Members of the Metal Trades Council approved the contract by more than a 2-1 to vote.
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“Ratification of this robust contract is a five-year ironclad guarantee of economic security for the Electric Boat metal trades workforce, which they richly deserve. It also sends a powerful message to the Navy and Congress, who fund their work, that the Groton waterfront is in for the long haul as our nation grows its undersea fleet, a decades-long enterprise. Kudos to Peter Baker and the Metal Trades Council team, and Shawn Coyne from Electric Boat Human Resources who spent months hammering out the many details of this historic contract,” said U.S. Rep. Joe Courtney (CT-02).
The MTC represents more than 3,400 employees in the skilled trades at the company’s Groton shipyard which includes welders, electricians, machinists, pipefitters, laborers, painters, transportation services and administrative support.
The agreement provides for significant increases in compensation and benefits, including:
- General wage increases for all MTC members totaling 21.4% over the term of the contract.
- Retention and sign on bonuses with the opportunity to earn up to $6,000.
- A one-time, $2,500 contribution to the employee’s 401k retirement savings account.
- Continuation of a comprehensive, competitive medical plan with modest premium and deductible increases.
- Increases to vacation days and paid sick time for most members.