NEWPORT NEWS, Va. (AP) -- The union representing nearly 11,000 workers at Newport News Shipbuilding has reached a tentative agreement with Huntington Ingalls Industries on a new contract.
Officials with United Steelworkers Local 8888 announced the new, 52-month contract on Saturday.
The Virginian-Pilot reports (http://bit.ly/Y5W53q) that the existing contract that has been in place since Oct. 27, 2008, was set to expire at midnight Sunday.
The proposed agreement would increase wages, improve workers' pensions, contain health-care costs and bolster promotional opportunities.
Union members will vote on the proposed contract next week.
Huntington Ingalls is the nation's largest military shipbuilder and Virginia's largest industrial employer. Its Newport News Shipbuilding unit is the nation's only builder of aircraft carriers and one of two submarine builders.
Information from: The Virginian-Pilot, http://pilotonline.com
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.