Bombardier Receives Additional $227-Million Order for Regional Trains From Deutsche Bahn in Germany
MONTREAL, QUEBEC--MAY 28, 2003 - 09:05 ET A consortium comprised of Bombardier Transportation and Alstom LHB has received an order from Deutsche Bahn for the supply of 60 additional four-car regional trains class 423. This follow-on order is valued at approximately $342 million Cdn (210 million euros), and the share of consortium leader Bombardier Transportation is approximately $227 million Cdn (139 million euros). Vehicle delivery is scheduled to start in May 2004. Deutsche Bahn intends to use these trains in S-Bahn operation.
The propulsion equipment and bogies, interior fitting, final assembly, testing and commissioning will be provided by Bombardier Transportation from its sites in Hennigsdorf and Siegen, Germany and by Alstom from its site in Salzgitter, also in Germany. The carbodies will be built by Alstom in Salzgitter, and the electrical equipment will be supplied by Bombardier's plant in Mannheim, Germany.
The vehicles of class 423, which are part of the new generation of electric multiple units, have a modular design. They will gradually replace the class 420 vehicles, which have been in service for some 30 years. In addition to their sleek design and modern technology, the trains also meet the latest environmental standards. "Their consistent lightweight construction," explained Olof Persson, President, Regional & Commuter, Bombardier Transportation, "makes them 30 tons lighter than the predecessor vehicles, which saves propulsion energy. In addition, the braking energy is being fed back into the traction network."
This new order brings to 456 the number of trains of this type ordered by Deutsche Bahn to date. More than 300 of these trains have already been delivered.
Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions.
Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F |