
The agreement would create the world's No. 2 train manufacturer and better take on China's CCRC Corp.
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Siemens and Bombardier reached an agreement with officials on a reworking and testing concept for welds that were occasionally not executed properly.
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The 10-year contract is valued at $220 million and includes an option for an additional five years.
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The site will produce BART's "Fleet of the Future" railcars and create local jobs in the Bay Area over the next few years.
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Designed to ensure the driver always maintains full control over the vehicle by using digital track data and visual odometry.
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Will rebuild up to 121 Bombardier railcars operated by Metrolink for a total contract value of $138.9 million.
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The total value of the contract is approximately $255 million, which includes design and delivery.
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Danny Di Perna will replace Laurent Troger who has informed the company of his intention to resign and pursue other opportunities.
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The order for 113 Multilevel III passenger vehicles, the largest order for railcars in recent years by NJ TRANSIT, will allow the agency to replace the oldest railcars in its fleet.
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Through this agreement, STM will benefit from the replacement of part of its fleet at a lower cost.
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