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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bombardier Inc | TSX:BBD.A | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.11 | -2.44% | 84.37 | 84.14 | 85.20 | 86.48 | 83.50 | 86.48 | 7,189 | 22:00:00 |
- Bombardier is a key player in High Speed Corridor North-North West rail signalling upgrade
- Advanced BOMBARDIER INTERFLO 450 system to be delivered on the high-speed line between Venta de Banos and Burgos
- Important reference adds to Bombardier's global high speed portfolio
MADRID, SPAIN--(Marketwired - Jun 13, 2014) - Rail technology leader Bombardier Transportation has added a new European Rail Traffic Management System (ERTMS) Level 2 high speed reference to its portfolio with the award of the High Speed North-North West Corridor rail signalling upgrade contract in Spain. The project which includes the lines Valladolid - León and Venta de Baños - Burgos is being delivered by a consortium led by Alstom that includes Bombardier and Indra. The order, awarded by Spain's Administrator of Railway Infrastructure (ADIF), has a total value of approximately 339 million euro ($459 million US), with Bombardier's share valued at approximately 144 million euro ($195 million US).1
As a major consortium partner, Bombardier will implement its globally proven radio-based INTERFLO 450 ERTMS Level 2 system for the Venta de Baños - Burgos section. The system features the latest generation BOMBARDIER EBI Com radio block centre (RBC) and EBI Link balise technology as well as the advanced EBI Lock 950 computer-based interlocking (CBI), and EBI Track train detection systems. For both sections of line, Bombardier will supply fixed communications, CCTV and GSM-R technology. The contract will be delivered in 24 months and includes 20 years maintenance and two years warranty.
Peter Cedervall, President, Division Rail Control Solutions, Bombardier Transportation, said: "This new contract marks Bombardier's entry into the ERTMS Level 2 market in Spain and adds an excellent very high-speed project reference to our global portfolio. It is a major milestone for our presence in both the Spanish market and the European Union as a whole. We look forward to implementing our technology and delivering a successful system to our key customer ADIF, together with our partners Alstom and Indra."
Bombardier is leading the delivery on the first two contracts for the signalling upgrade on the Mediterranean Corridor: for Castellbisbal-Tarragona and Almussafes-Valencia-Castellón.
Bombardier's ERTMS systems are installed on over 2,300 rail vehicles and more than 21,000 km of track. The cost saving INTERFLO 450 ERTMS Level 2 solution provides the highest speeds, safety and capacity, as well as outstanding reliability and reduced implementation and operational costs. INTERFLO 450 ERTMS Level 2 systems have been operating at very high speeds up to 350 km/h in China since 2009. Other global contracts include first-in-market projects underway in Poland and extensive framework agreements in Sweden.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance for operators and passengers. Bombardier Transportation is headquartered in Berlin, Germany, and has a very diverse customer base with products or services in more than 60 countries. It has an installed base of over 100,000 vehicles worldwide.
About Bombardier
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
Note to Editors
For news releases, related material and photos, visit our media centre at www.bombardier.com/en/media-centre.html.
Follow Bombardier Transportation on Twitter @BombardierRail.
BOMBARDIER, INTERFLO, EBI and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.
FOR INFORMATION
Australia and New Zealand: +61 3 9794 2223 |
John Ince, john.ince@au.transport.bombardier.com |
Austria: +43 1 2511 0760 |
Karin Schwarz, karin.schwarz@at.transport.bombardier.com |
Benelux: +49 30 98607 1687 |
Janet Olthof, janet.olthof@de.transport.bombardier.com |
Canada: +1 450 441 3007 |
Marc Laforge, marc.laforge@ca.transport.bombardier.com |
China: +86 10 8517 2268 |
Flora Long, flora.long@cn.transport.bombardier.com |
France and North Africa: +33 6 07 78 95 38 |
Anne Froger, anne.froger@fr.transport.bombardier.com |
Germany, Switzerland, Central and Eastern Europe: +49 30 98607 1134 |
Immo von Fallois, immo.von_fallois@de.transport.bombardier.com |
India and Japan: +91 7 838 660 093 |
Harsh Mehta, harsh.mehta@in.transport.bombardier.com |
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Paulina Ortega, paulina.ortega@mx.transport.bombardier.com |
Middle East: +44 1332 266031 |
Emma Brett, emma.brett@uk.transport.bombardier.com |
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Pär Isaksson, paer.isaksson@se.transport.bombardier.com |
South East Asia: +65 6478 6235 |
Evon Lam, evon.lam@sg.transport.bombardier.com |
Southern Africa and Israel: +49 30 98607 1147 |
Sandy Roth, sandy.roth@de.transport.bombardier.com |
UK: +44 7971 850 606 |
Jeanette Bowden, jeanette@networkpr.co.uk |
USA: +1 450 441 3007 |
Maryanne Roberts, maryanne.roberts@us.transport.bombardier.com |
1 All values exclude VAT.
Bombardier Transportationwww.theclimateisrightfortrains.com
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