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The new agreement takes effect on Monday and will run through Aug. 24, 2031. Alongside the 17% raise in the first year, there will also be 4% yearly raises for the remaining four years of the contract.
Nearly 4,500 BIW union members approved a five-year deal with a 17% first-year pay increase, stronger protections, and no concessions, officials said.
The IAM Union (International Association of Machinists and Aerospace Workers) reports that Local S6 members at the General Dynamics Bath Iron Works ( GD BIW) shipyard in Bath, Me., have voted to ratify a five-year collective bargaining agreement that,
Thousands of International Association of Machinists and Aerospace Workers Local S6 members at Bath Iron Works will see pay raises this week after union members voted to ratify a new five-year contract.
The contract also includes increased shift premiums, locked-in healthcare costs and improved 401(k) contributions.