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San Francisco transit system places US$639M order with Bombardier (T.BBD.B)

Canadian Press, The Canadian Press
0 Comments| January 7, 2014

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(The Canadian Press) MONTREAL – San Francisco's transit system has awarded a US$639-million confirmed order to Bombardier Inc. (TSX: T.BBD.B, Stock Forum), part of a long-term contract signed in June 2012.

Bombardier Transport says San Francisco's Bay Area Rapid Transit (BART) has ordered an additional 365 rail cars, bringing the number of firm orders under the contract to 775 cars.

The company will assemble the cars at its manufacturing plant in Plattsburgh, N.Y., about 100 kilometres south of Montreal.

Bombardier says it's scheduled to deliver 10 pilot cars by the spring of 2015 and deliver the remaining cars between 2017 and 2021.


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