Bombardier Signs Long-Term Maintenance Contract...

Bombardier Transportation / Bombardier Signs Long-Term Maintenance Contract for Melbourne's First High-Capacity Signalling System . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Victoria's largest ever public transport initiative will see Bombardier provide ten years of rail control services for the Metro Tunnel Project in Melbourne

- Order marks Bombardier's first long-term signalling maintenance contract in Australia comprising its full package OPTIFLO rail control services solution

BERLIN, GERMANY--(Marketwired - Apr 18, 2018) -

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Bombardier's full-package OPTIFLO rail control services solution will help keep trains moving in Melbourne

Bombardier will provide its rail control maintenance services for the Metro Tunnel Project under construction in Melbourne

Rail technology leader Bombardier Transportation announced today that it has signed a contract with Metro Trains Melbourne (MTM) to provide ten years of maintenance services for its rail control solution being delivered for Melbourne's new Metro Tunnel Project. The contract is valued at approximately 77 million AUD ($60 million US, 48 million euro) and includes an option for five additional years of maintenance services.

Commenting on the contract award, Andrew Dudgeon, Managing Director of Bombardier Transportation Australia, said, "This order reflects our ongoing commitment to improving urban mobility across Melbourne. Bombardier's range of signalling services will enhance rail network performance and greatly improve the passenger experience. We are excited to be delivering this project to Victorians."

Bombardier will provide its full-service package from its OPTIFLO rail control services solution including the advanced EBI Tool Maintenance and Diagnostics Centre (MDC) which provides intelligent data analysis and predictive functionalities to prevent failures. In December 2017, Bombardier, as part of the Rail Systems Alliance (RSA), won the contract to install its high-capacity rail control solution for the 11 billion AUD Metro Tunnel Project in Melbourne, Victoria's largest ever investment in public transport.

Bombardier has been active in Australia for more than 60 years as a complete rail solution provider, delivering its extensive portfolio of winning mobility solutions from train and tram fleets to signalling, propulsion and control technology, mining solutions, asset management and through-life support on rail projects across the country. Its strong services portfolio complements its innovative products delivered, including 237 Vlocity commuter rail cars and 210 iconic E-Class trams for the Victoria region.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.

About Bombardier

With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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Source: Bombardier Transportation via Globenewswire