Bombardier signs contract worth up to $962 million

Bombardier Transportation has announced that it has been awarded a contract for the provision of 127 diesel-electric multiple unit cars for HSBC Rail UK Limited.

Bombardier Transportation announced that it has been awarded a contract for the provision of 127 diesel-electric multiple unit cars for HSBC Rail UK Limited, to be operated by the UK’s Midland Mainline.

The value of the contract, which also includes an initial four-year maintenance portion, is worth approximately $512 million Cdn (£225 million), rising to a potential $962 million Cdn (£423 million) if the maintenance portion is extended to its maximum of 15 years’ duration. Deliveries of the units will commence in the second quarter of 2004, with the total 127 cars delivered by January 2005.

The 200 km/h units will be operated by Midland Mainline for use on their routes from Sheffield, via Derby and Nottingham, to London. Midland Mainline is owned by National Express Group, a global rail and bus operator.

The diesel-electric multiple units will be manufactured at Wakefield, UK and Bruges, Belgium. Bombardier’s Central Rivers maintenance facility in the UK will also play a major part in the maintenance of the trains.