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, MTA exercise rail car options
The New York Metropolitan Transportation Authority exercises options with Bombardier to have 120 rail cars delivered to the Metro-North Railroad.
April 23, 2004
1 min to read
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.
Topics:Management
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