NEWPORT NEWS, Va., July 14, 2017 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that United Steelworkers members at its Newport News Shipbuilding division voted 1,985-131 in favor of a new labor agreement. The current contract expired on Sunday. The new contract took effect Monday and will run through Nov. 14, 2021.

“This offer is fair, competitive in the industry and respectful of the needs of our great shipbuilders,” said Susan Jacobs, Newport News’ vice president of human resources and administration. “It’s an offer that also maintains our competitiveness in the shipbuilding industry and our flexibility to respond to our Navy customer’s needs in a cost-effective and timely manner. I applaud everyone who participated in the negotiations process.”

Highlights of the contract include:

About Huntington Ingalls Industries

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Missions Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 37,000 people operating both domestically and internationally. For more information, visit: