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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bae Systems Plc | LSE:BA. | London | Ordinary Share | GB0002634946 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-55.50 | -4.07% | 1,308.00 | 1,307.50 | 1,308.50 | 1,358.00 | 1,298.00 | 1,357.00 | 3,500,728 | 12:53:38 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Aircraft | 23.23B | 1.86B | 0.6133 | 21.44 | 39.81B |
BAE Systems, a global provider of more than 9,000 electric-hybrid, battery-electric, and fuel-cell electric systems, today announced that the Association du Transport Urbain du Quebec (ATUQ) ordered 497 electric-hybrid buses using the BAE Systems Series-E electric drive propulsion system. The five-year contract includes an option for up to 1,028 additional systems.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180814005244/en/
Société de transport de Montréal, a member of ATUQ, uses electric-hybrid systems by BAE Systems to decrease harmful emissions and fuel usage. (Photo: BAE Systems)
“This recent order adds to ATUQ’s more than 900 electric hybrids powered by BAE Systems technology,” said Bob Lamanna, global accounts manager at BAE Systems. “The additional system orders validate the success of our product in the transit market and the need for electrified buses in Canada.”
Canada’s ATUQ represents the nine Quebec public transportation organizations serving the major urban centres of the province: Montreal, Quebec City, Lévis, Laval, Longueuil, Gatineau, Trois-Rivières, Saguenay, and Sherbrooke. Together, they provide more than 90 percent of public transportation trips in Quebec.
The ATUQ consortia is focused on implementing sustainable, green technologies and is using BAE Systems’ series electric-hybrid system as a step to achieving their goal of fully-electric systems in the future. ATUQ will reap the benefits of BAE Systems’ latest technology. This new order of buses will include the anti-idling feature decreasing fuel and emissions at stops, electrically powered heaters for less maintenance, and the ability to turn off the diesel engine in specified areas to create zero-emission driving zones.
BAE Systems is saving more than 20 million gallons of fuel and 215,000 tons of CO2 each year with more than 9,000 systems operating across the globe.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180814005244/en/
BAE Systems, Inc.Carol GorenfloOffice: +1 607-770-2083Mobile: + 1 607-372-7313carol.gorenflo@baesystems.comwww.baesystems.com/US@BAESystemsInc
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