Bombardier Transportation Wins Locomotive Orders Valued at 330 Million Euros

Submitted by ragnarok on Wed, 08/20/2008 - 15:36
NJ Transit

BERLIN, GERMANY, Aug 18, 2008 (Marketwire via COMTEX) ----Bombardier Transportation announced today it has signed two contracts to supply a total of 46 dual-powered passenger locomotives to the New Jersey Transit Corporation (NJ TRANSIT) and the Agence Metropolitaine de Transport (AMT) in Montreal.

The order from NJ TRANSIT, valued at approximately 178 million euros ($262 million US), is for 26 dual-powered locomotives. The contract includes options for an additional 63 locomotives.

The order from AMT, valued at approximately 152 million euros ($223 million US), is for 20 dual-powered locomotives. The AMT contract includes options for an additional 10 locomotives.

The new dual-powered locomotives will be capable of operating under both diesel power and alternating current electric power from overhead sources - a first in North America. The flexible power system will enable the locomotives to operate across the entire NJ TRANSIT and AMT rail systems, which include both electrified and non-electrified lines.

The dual-powered locomotives are an evolution of service-proven ALP-46 electric locomotive technology in successful operation at NJ TRANSIT since 2002. The new units will include highly reliable BOMBARDIER MITRAC propulsion and controls technology, which offers high performance and intelligent features such as remote diagnostics systems and sophisticated adhesion control for improved traction and hauling efficiency.

Locomotives for both contracts will be built at Bombardier manufacturing facilities in Germany and Poland. Delivery to clients is scheduled to begin in 2011.

"We are proud to support NJ TRANSIT and AMT in their continuing commitment to provide modern, efficient, environmentally-friendly passenger rail service. These two orders for new locomotives illustrate the confidence both agencies place in Bombardier and our products," said Ake Wennberg, President, Locomotives and Equipment Division, Bombardier Transportation.

NJ TRANSIT is the third largest provider of public transit in the United States and an established customer of Bombardier. In terms of locomotives, Bombardier has supplied 29 ALP-46 electric locomotives to the Transit Authority and earlier this year received an order for 27 ALP-46A electric locomotives, an upgraded version of the product. Over the years, Bombardier has provided hundreds of Comet II, III and IV push-pull commuter coaches to New Jersey and is currently delivering stainless-steel Multilevel vehicles to the agency. In addition, Bombardier was a member of the consortium that designed and built NJ TRANSIT's turnkey River LINE light-rail system between Camden and Trenton, New Jersey and now operates and maintains the system under a contract with NJ TRANSIT.

AMT, another long-time customer of Bombardier, is the second largest commuter rail service in Canada and the sixth in terms of ridership in North America. AMT is the umbrella organization that plans, integrates and coordinates public transportation services across the greater Montreal region. Over the years, Bombardier has provided Montreal's commuter rail system with locomotive-hauled coaches for the Montreal-Rigaud line, electric commuter vehicles for the Deux-Montagnes line, and aluminum BOMBARDIER BiLevel cars for the Montreal-Rigaud line. Most recently, in December 2007, Bombardier received an order from AMT for 160 stainless-steel Multilevel commuter rail cars.

Note to Editors:

Photos are available on our web site at: http://www.transportation.bombardier.com

About Bombardier Transportation

Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

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, 2008, were $17.5 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.

BOMBARDIER, MITRAC and BiLevel are trademarks of Bombardier Inc. or its subsidiaries.

www.theclimateisrightfortrains.com

SOURCE: Bombardier Transportation