MONTREAL – Bombardier’s rail division has won part of a 10-year contract to maintain a new fleet of very high-speed trains for Trenitalia.
The Montreal-based company (TSX:BBD.B) says Bombardier Transportation’s share is worth about US$191 million.
The Frecciarossa 1000 trains are manufactured in partnership with AnsaldoBreda, an Italian rail equipment manufacturer, and are scheduled to start operations next year.