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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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May 14, 2015
07:34 EDTBDRBFBombardier confirms reduction of production rate for Global 5000, Global 6000
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07:33 EDTBDRBFBombardier confirms reduction of production rate for Global 5000, Global 6000
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May 12, 2015
09:07 EDTBDRBFPratt & Whitney signs data management service agreement with Bombardier
Bombardier (BDRBF) announced that it has teamed up with Pratt & Whitney, a United Technologies (UTX) company, to develop and implement a data management service for the CSeries aircraft - part of the overall Bombardier Aircraft Health Management System, or AHMS, capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use by maintenance and flight crews. Under this agreement, Pratt & Whitney's eFAST system will be the infrastructure unit used to perform data transmissions from the CSeries aircraft's on-board Health Management Unit, or HMU, to the ground. Along with Bombardier, they will make up the data acquisition structure which will automatically download, process and store data that will be available for upload to respective customer portals.

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