Friday, Bombardier Transportation (BBD-A.TO, BBD-B.TO) and its consortium partner Siemens AG (SI) said they gained a contract from the Netherlands Railways to deliver 32 four-car and 32 six-car electric multiple units. Of the $557 million valued order, Bombardier's share is about $226 million, while Siemens' share is $331 million.The companies noted that the order covers the first two options of the initial contract signed in 2005, which has a total of five options. It also includes the delivery of a set of strategic spare parts. As the rate of vehicle production has been accelerated, this additional order will be delivered in 13 instead of 32 months, between October 2009 and November 2010.While Bombardier's manufacturing facilities in Aachen and Hennigsdorf, Germany, will produce the four-car trains, Siemens Krefeld-Uerdingen, Germany- based facility will carry out the major part of its production.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.