Alstom has signed a memorandum of understanding (MOU) with Bombardier and pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to acquire Bombardier Transportation, ending weeks of speculation about a proposed tie up between the two railway equipment manufacturers.
The Port Authority of New York and New Jersey (PANYNJ) has renewed a contract with Bombardier to operate and maintain PANYNJ’s automated transit system (AirTrain JFK) at John F Kennedy International Airport in New York City.
According to news reports from from local media, an audit by New York City Comptroller Scott Stringer takes issue with Bombardier Transportation’s long-delayed contract with the New York MTA for 300 new R179 subway cars.
Bombardier Transportation reported its 3Q19 financial results, and among the highlights are consolidated revenues of $3.7 billion, representing 8% organic growth, and a consolidated adjusted EBITDA and adjusted EBIT of $255 million and $159 million, respectively.
Bombardier Transportation recently appointed John Saabas as its Head of Engineering and Technology.
Bombardier Transportation recently announced that it has signed a new contract worth $220 million with the City and County of San Francisco to provide 10 years of operations and maintenance services—with an option for five additional years—for the Bombardier Innovia APM 100 automated people mover (APM) system at San Francisco International Airport (SFO).
Bombardier Transportation recently announced that it is opening a rail car assembly site in Pittsburg, Calif.
Bombardier Aerostructures and Engineering Services President Danny Di Perna, who joined the company in mid-2018, has replaced Laurent Troger as President of Bombardier Transportation. The change is part of an overall leadership restructuring at Bombardier Inc.
Bombardier Transportation made it official, announcing it has signed a contract for 113 Multilevel III commuter rail cars with New Jersey Transit worth as much as $669 million.
By 2026, provided the procurement is fully funded and all options are exercised, New Jersey Transit—empowered by an infusion of much-needed funding by Governor Phil Murphy following a starvation diet imposed by his predecessor, Chris Christie—will have replaced its entire fleet of aging single-level cars with nearly 650 new Multilevels, many of which will be powered electric vehicles, the first of their type in North America.