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BBD.B Bombardier Inc

98.20
0.00 (0.00%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bombardier Inc TSX:BBD.B Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 98.20 98.00 98.00 0 13:30:00

Bombardier Wins Contract to Supply 260 New Rail Cars for the San Francisco Bay Area

14/06/2012 10:53pm

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Bombardier Transportation announced today that it has signed a contract with the San Francisco Bay Area Rapid Transit District (BART) for the supply of 260 new rail cars. The order is valued at approximately $631 million US ($647 million CDN, 502 million euro). The contract includes a first option order for 150 cars that BART intends to order on June 25, 2012 and additional options which, if exercised, would bring the total number of cars ordered to 775 and the total value of the order to approximately $1.5 billion US ($1.6 billion CDN, 1.2 billion euro).

Designated by BART as its "Fleet of the Future", the new cars will be used to replace BART's entire existing fleet as well as for system expansion. They will offer a range of new features such as more doors to make boarding faster and easier; more priority seating for seniors and people with disabilities; more comfortable seats; bike racks; energy efficient lighting; interior and exterior digital displays showing passenger information; an improved public address system, including automated announcements; and improved onboard security cameras.

The cars will be assembled at Bombardier's manufacturing plant in Plattsburgh, New York. The Plattsburgh facility is Bombardier's center for rolling stock production in the United States. In operation since 1995, it has produced more than 3,000 passenger rail cars and locomotives now in service across the United States.

The cars will be powered by highly reliable BOMBARDIER MITRAC propulsion equipment with energy-efficient inverters. The cars' onboard systems will be integrated by Bombardier's industry-leading MITRAC train control and management system with internet protocol technology. Bombardier's Propulsion and Controls business unit located in Pittsburgh, Pennsylvania will supply the propulsion and control equipment.

Delivery of 10 pilot cars is scheduled to take place in the spring of 2015, followed by comprehensive testing of the pilot cars on the BART system, then delivery of the 250 remaining production series cars between early 2017 and the spring of 2019.

Raymond Bachant, President, Bombardier Transportation North America, said: "Bombardier is honored to have been selected to build BART's Fleet of the Future and delighted to add the San Francisco Bay Area to the list of major metropolitan regions across North America and around the world that rely on Bombardier for metro cars that offer the highest levels of quality, performance and reliability. We look forward to working with BART to provide environmentally responsible, energy efficient and convenient transportation for the citizens of the Bay Area for years to come."

Bombardier is transforming how people get around every day. Worldwide, more than seven billion trips are taken on Bombardier metro cars every year, from Boston, New York, Montreal, Toronto and Mexico City to London, Paris, Berlin, Delhi and Shanghai. Bombardier's current North American metro car orders include 706 new cars for Chicago, 420 cars for Toronto, 468 cars for Montreal, and 300 cars for New York.

BART began service in 1972 and today connects the San Francisco Peninsula with Oakland, Berkeley, Fremont, Walnut Creek, Dublin/Pleasanton and other cities in the East Bay with five lines, 104 miles of track, and 44 stations. The system has an average weekday daily ridership of 370,000. Its fleet of 669 rail cars includes 439 cars that have been in service since the system opened and were refurbished by Adtranz (now part of Bombardier) in the late 1990s and early 2000s.

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. 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 Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. 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/transportation/media-centre.

Follow Bombardier Transportation on Twitter @BombardierRail.

BOMBARDIER, MITRAC 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                            
                                                                            
Benelux, Middle East and North Africa: +49 30 98607 1141                    
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                          
                                                                            
Germany, Austria, Switzerland, Central and Eastern Europe: +49 30 98607 1134
Immo von Fallois, immo.von_fallois@de.transport.bombardier.com              
                                                                            
France: +33 6 07 78 95 38                                                   
Anne Froger, anne.froger@fr.transport.bombardier.com                        
                                                                            
India: +91 7 838 660 093                                                    
Harsh Mehta, harsh.mehta@in.transport.bombardier.com                        
                                                                            
Mexico: +1 450 441 3007                                                     
Marc-Andre Lefebvre, marc-andre.lefebvre@ca.transport.bombardier.com        
                                                                            
Nordic and Baltic Countries: +46 10 852 5213                                
Par Isaksson, paer.isaksson@se.transport.bombardier.com                     
                                                                            
South East Asia: +65 6478 6235                                              
Evon Lam, evon.lam@sg.transport.bombardier.com                              
                                                                            
Southern Europe and South America: +35 1 919 693 728                        
Luis Ramos, luis.ramos@pt.transport.bombardier.com                          
                                                                            
UK: +44 142 353 8699                                                        
Jeanette Bowden, jeanette@networkpr.co.uk                                   
                                                                            
USA: +1 450 441 3007                                                        
Maryanne Roberts, maryanne.roberts@us.transport.bombardier.com

Contacts: Bombardier Transportation www.theclimateisrightfortrains.com

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