Bombardier Transportation (BBD-B.TO, BBD-MVA.TO, BBD-A.TO) announced it has signed two contracts to supply a total of 46 dual-powered passenger locomotives to the New Jersey Transit Corporation or NJ TRANSIT and the Agence Metropolitaine de Transport or AMT in Montreal.
The order from NJ TRANSIT, valued at approximately 178 million euros or US$262 million, is for 26 dual-powered locomotives. The contract includes options for an additional 63 locomotives.
The order from AMT, valued at about 152 million euros or US$223 million, is for 20 dual-powered locomotives. The AMT contract includes options for an additional 10 locomotives.
Delivery to clients is scheduled to begin in 2011.
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