NJ rides with Bombardier

News

Bombardier Transportation announced today that NJ Transit has exercised options worth $206 million for 131 additional multi-level vehicles.

announced today that New Jersey-based NJ Transit has exercised options for 131 additional multi-level vehicles. The exercised options are valued at approximately $206 million.

Deliveries of the cars are scheduled to take place between June 2007 and August 2008. The new cars will carry commuters between New Jersey and central Manhattan.

With these options, Bombardier now has firm orders for 231 multi-level vehicles to increase train system capacity on NJ Transit’s lines. Total value of the firm orders received since the announcement of the contract in 2002 is approximately $457 million. Should all remaining options be exercised, the entire contract would total 276 vehicles and be valued at $525 million.

The stainless steel carbodies will be manufactured at Bombardier’s manufacturing site in La Pocatière, Québec, with final assembly taking place at the

facility.

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