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Bombardier wins $417M rail car order

Tags: Bombardier

Bombardier Inc (BBD.B-T) said its train unit won an order worth about $417 million US to supply 210 double-deck rail cars for the public transportation network in Paris.

Bombardier, the world's largest passenger-train maker, said the total order is valued at about $1.3 billion (1 billion euros). Bombardier is a consortium member responsible for one third of the order.

It will supply the rail cars to state-owned public transport operator RATP Group. In Paris, RATP operates under its own name on behalf of the Syndicat des transports d'Île-de-France (STIF), the Paris region transit authority.

Deliveries will take place between 2014 and the end of 2016, Bombardier said in a statement.

Bombardier will design and fully assemble the cars at its manufacturing site in Crespin, northern France. CTV Two CTV News CTV News Channel BNN - Business News Network CP24