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Bombardier wins $248M rail order in Germany

Tags: Bombardier

Bombardier Inc.'s (BBD.B-T) train unit has won orders worth $248 million US to provide light rail vehicles and classic trams to the Frankfurt transport authority.

The 78 new light rail vehicles will be delivered between 2014 and 2017, and the 10 new trams are expected to reach Frankfurt/Main by December 2012, the company said in a statement.

With this order, Berlin-based Bombardier Transportation has supplied the Frankfurt transport authority with 299 vehicles so far.

In November the unit received a contract worth $214.4 million (11.2 billion Indian rupees) to make railway equipment for India's Mumbai Railway Vikas Corp. CTV Two CTV News CTV News Channel BNN - Business News Network CP24