The Bombardier-Alstom Consortium Confirms it Has Received Notice to Proceed on the Supply of 468 New Metro Cars for Montréal
The consortium comprising Bombardier Transportation and Alstom Transport confirmed today it has received the Notice to Proceed from Société de transport de Montréal (STM) on the supply of 468 metro cars (52 nine-car trainsets).
The contract signature was published on October 22, 2010. With funding approval completed, the contract now enters into force and the final price has been fixed using the applicable exchange rate. The contract is valued at $1.19 billion CDN ($1.18 billion US,
869 million euro). Bombardier’s share is $719 million CDN ($715 million US, 525 million euro) and Alstom’s share is $471 million CDN ($468 million US, 344 million euro).
The design, manufacture and final assembly of the new Montréal metro cars will be carried out at Bombardier’s facilities in La Pocatière and Saint-Bruno, Québec. Alstom’s sites in Sorel-Tracy and Montréal, Québec, will also be involved. The first prototype train is to be delivered in June 2013, followed by the base order deliveries that are scheduled to take place between February 2014 and September 2018.
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 presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com
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