Addresses the Canadian Coast Guard’s desperate need for new ships and prevents layoffs at the shipyard.
Agreement covers about 900 shipbuilders at its shipyard facility.
Documents suggest the bill for 15 warships has ballooned to $40 billion from an original projection of $26 billion.
Irving Shipbuilding expects employment to swell to 2,500 workers once peak production is reached.
Program expected to cost $3.5 billion, up from an initially proposed $3.1 billion when the ships were announced in 2007.
Qing Quentin Huang works for a subcontractor to Irving Shipbuilding, which is building arctic patrol ships for the Canadian naval forces.
Vancouver’s Seaspan wins $8 billion worth of contracts; troubled Davie down but still not out