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Turbo Power Systems Inc T.TPS



TSX:TPS - Post by User

Post by fullhouse101on Jul 30, 2009 7:13pm
442 Views
Post# 16180330

another contract in the works ???

another contract in the works ???Could this have something to do with the excitement? From a week ago or so. TPS might be getting another contract. They may just pull along nicely. They are also into millitary contracts and waiting for trial test.

Company’s transportation division to provide automated people mover to Phoenix airport

Bombardier (TSX: T.BBD.B, Stock Forum) reported Tuesday that its Bombardier Transportation division has signed $255 million in contracts with the City of Phoenix, Arizona for the supply, operations and maintenance of an automated people mover system at Phoenix Sky Harbor International Airport.

Bombardier says the design-build contract, worth US$186 million, includes the design and supply of all of the system-wide electrical and mechanical equipment, and the construction and equipping of the operations and maintenance and storage facility.

The company also signed a separate operate-maintain contract, valued at US$69 million, under which it will provide operation and maintenance services for 10 years.

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