Bombardier Transportation announced this week that the Metro-North Railroad (MNR) has exercised options for 120 M-7 electric multiple unit commuter rail cars under an existing contract.
The exercised options are valued at $206 million.
Bombardier now has orders for 978 M-7 cars from the New York Metropolitan Transportation Authority commuter railroads, which are made up of MNR and Long Island Rail Road.
The total value of the orders received is approximately $1.9 billion. If all remaining options are exercised, the entire contract would total 1,266 cars and be valued at $2.4 billion.