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Stock Market & Financial Investment News

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February 19, 2014
05:49 EDTBDRBFBombardier signs contract with Transport for London valued at $2.1B
Bombardier Transportation announced that it has signed a contract with Transport for London for the provision of new trains, a depot and maintenance services for the flagship London Crossrail project. The contract is valued at approximately $2.1B. Bombardier will deliver 65 nine-car trains and construct a new purpose-built depot at Old Oak Common. The deal also includes maintenance provision for the fleet of trains. The programme is scheduled to commence on April 17. The new trains will be built at Bombardier's Derby site and will support 840 UK manufacturing jobs including 80 apprenticeships. In addition, the project will create around 260 jobs for the construction of the new depot and approximately 80 jobs for the ongoing maintenance of the trains.
News For BDRBF From The Last 14 Days
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April 15, 2015
15:41 EDTBDRBFGeneral Electric, Alstom may have interest in Bombardier rail unit
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15:22 EDTBDRBFBombardier working with UBS, Citi on sale or IPO of rail unit, Bloomberg says
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13:42 EDTBDRBFBombardier working with banks on sale or IPO of rail unit, Bloomberg says
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April 12, 2015
14:44 EDTBDRBFBombardier mulls sale of rail division, Reuters says
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