Bombardier-Led Group Wins $4B Aussie Railway Contract

Law360, New York (January 17, 2014, 3:31 PM EST) -- A consortium led by transportation company Bombardier Inc. has been awarded an AU$4.4 billion (US$4.1 billion) contract for the construction of Australia's proposed New Generation Rollingstock Project, which will upgrade and expand Queensland's existing public transportation.

In a Friday statement, Montreal-based Bombardier said its share of the contract would be about $2.7 billion and include the supply of 75 new six-car trains, a new depot and maintenance of its offerings for 30 years. Bombardier said the depot design and construction would be subcontracted to U.K.-headquartered construction...
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