Bombardier Transportation

Three teams vie for Waterloo DBOM contract

Ontario province’s Regional Municipality of Waterloo will evaluate three competing bids for a C$536 million (US$505 million) contract to build an initial 11.8-mile light rail transit line. All three bids were submitted by deadline Monday, Dec. 16, 2013.

BART taps Bombardier for more cars

Bay Area Rapid Transit (BART) Thursday, Nov. 21, 2013 exercised an option worth $638.9 million for an additional 365 cars from Bombardier Transportation, as part of BART’s “fleet of the future” program, which now ratchet the total number of vehicles on order to 775.

Ontario paying penalties to Bombardier

The back-and-forth decision-making involving the fate of Toronto’s Scarborough Line rehabilitation has cost Ontario at least C$68 million (US$65 million) in contract costs, including penalties, claimed by Bombardier Transportation, a Bombardier spokesman told Railway Age Monday, Oct. 28, 2013.

Scarborough Line now voted a subway line

Toronto’s City Council Tuesday, Oct. 8, 2013, voted 24-to-20 to endorse revamping the Scarborough Line as an extension of the city’s subway system, giving Toronto Mayor Rob Ford a political victory.

Bombardier Transportation aids parent’s 2Q

Bombardier Inc. reported Thursday, Aug. 1, 2013, that adjusted net income for the company’s second quarter was US$158 million, or nine U.S. cents per share, in line with Wall Street consensus estimates, but down about 5% from earnings of US$167 million in the second quarter of 2012.