Bombardier Transportation announced today that NJ TRANSIT has exercised options for 131 additional multi-level vehicles. The exercised options are valued at approximately $206 million US (171 million euros). 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 the heart of 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 US. Should all remaining options be exercised, the entire contract would total 276 vehicles and be valued at $525 million US.
The first multi-level car from the 2002 contract was unveiled to the press on September 14 at Newark’s Penn Station.
William Spurr, President, Bombardier Transportation, North America commented: “This new order is a further proof of NJ TRANSIT’s confidence in our vehicles. These new cars are being custom designed for NJ TRANSIT, and include direct input from NJ TRANSIT daily customers. It was evident at the unveiling ceremony that riders appreciate the features of this new car scheduled to enter in revenue service toward the end of 2006.”
The stainless steel carbodies will be manufactured at Bombardier’s manufacturing site in La Pocatière, Québec, with final assembly taking place at the Plattsburgh, New York facility.
NJ TRANSIT is an established customer of Bombardier. Over the years, Bombardier has supplied over 300 Comet II, III and IV push-pull commuter cars to the Transit Authority, some of which have been in service for over twenty years, as well as 29 ALP-46 electric locomotives.
Recent deliveries of Bombardier products into the New York/New Jersey region include M-7 electric multiple units (EMU) to MTA/Metro-North Railroad and MTA/ Long Island Rail Road, the AirTrain JFK automated transit system at JFK International Airport, NJ TRANSIT’s RiverLINE light rail transit system operated in southern New Jersey, and 1,030 R142 rapid-transit cars for the subway system operated by MTA/New York City Transit.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2005 were $15.8 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.
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