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Bombardier Receives an Order for 12 Automatic Metro Cars From London Docklands.


Business Editors

MONTREAL--(BUSINESS WIRE)--Jan. 20, 2000

(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:BBD BBD

In currencies, this is the abbreviation for the Barbados Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
.A.) (TSE:BBD.B.) Bombardier Transportation Bombardier Transportation is the rail equipment division of the Bombardier group. Bombardier Transportation is the world’s largest company in the rail equipment manufacturing and servicing industry. Its headquarters are in Berlin.  has been awarded a contract from &uot;Docklands Light Railway&uot; in London, for the delivery of 12 automatic metro cars, including an option for a further 12 vehicles. The contract has a value of some Cdn $41.7 million (pounds sterling 17.4 million). Should the option be exercised, the total order would amount to some Cdn $75 million (pounds sterling 31.3 million).

The Docklands Light Railway system links the center of London to the Docklands area, situated to the east, and is the first public transport system in England that has been totally computerized and operates without drivers.

The system is already equipped with 70 Bombardier Transportation vehicles supplied by the Bruges, Belgium plant, from January 1991 to March 1993. A 4.2 km extension of the network to Lewisham was inaugurated in November, serving the south bank area of the Thames, including Greenwich and the historic Cutty Sark Cutty Sark

clipper ship, built in 1869, broke speed records in the tea trade. [Br. Hist.: EB, (1963) V, 830]

See : Swiftness


Cutty Sark
.

The new vehicles will be built by Bombardier Transportation in Belgium. The first vehicle will be delivered in September 2001.

Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services.

Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
. It operates plants in 12 countries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia, and more than 90 % of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999 totalled $11.5 billion.
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Publication:Business Wire
Geographic Code:1CANA
Date:Jan 20, 2000
Words:286
Previous Article:IDEC Pharmaceuticals Announces U.S. Rituxan Sales of $72.2 Million in Fourth Quarter, 1999, and $262.7 Million for the Full Year.
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