A labor union for 2,200 workers at submarine maker Electric Boat has agreed to a new, five-year contract through 2019 that includes annual pay raises of three percent or more. … The union includes machinists, electricians, painters, pipe fitters, and professional employees.
Is Electric Boat a good place to work?
Electric Boat is the place for you if you can get and keep a security clearance; it’s steady work for steady pay. Benefits aren’t the greatest, but this is a growing trend of companies offering less. Salary is so-so, but could be better.
What are electric boats worth?
(December 2, 2019) – The U.S. Navy today awarded General Dynamics Electric Boat a contract valued at $22.2 billion for the construction of 9 new Virginia-class submarines.
How many employees does General Dynamics Electric Boat have?
As of January 2021, General Dynamics had more than 100,000 full-time employees. About 84,000 of these are based in the United States, and 16,000 are based in more than 70 countries outside the United States.
How many people work at EB Groton?
Primary operations are the shipyard in Groton, CT, the automated hull-fabrication and outfitting facility in Quonset Point, RI, and an engineering building in New London, CT. The current workforce is more than 14,000 employees.
Does Electric Boat pay well?
The average General Dynamics Electric Boat salary ranges from approximately $75,000 per year for a Welder to $194,634 per year for an Engineering Manager. The average General Dynamics Electric Boat hourly pay ranges from approximately $32 per hour for a Welder to $35 per hour for a Designer.
How much does the president of Electric Boat make?
Novakovic made $18,946,932 in total compensation. Of this total $1,585,000 was received as a salary, $2,872,000 was received as a bonus, $4,139,834 was received in stock options, $10,070,467 was awarded as stock and $279,631 came from other types of compensation.
How much does an Eelex 8000 cost?
The Eelex 8000 is $329,000 USD for hull and engines. That’s all-in, ready to go, cruise off into the sunset. But you can also buy additional modules for more flexibility and use cases.
Will Tesla build a boat?
Tesla-inspired Swedish X Shore electric boat is now coming to America. The premium-level X Shore Eelex 8000 electric boat is making its US debut, the company announced today. First unveiled in Europe in 2019, the Swedish-made Eelex 8000 is an all-electric boat designed for day trips on the water.
Is General Dynamics part of General Electric?
General Electric’s Intelligent Platforms, a part of General Electric Company (GE), recently secured orders worth approximately $100 million from General Dynamics UK, the UK division of General Dynamics Corp. (GD).