Bombardier Signs Long-Term Maintenance Contract for Melbourne's First High-Capacity Signalling System

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.