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Bombardier gets 336 million euro order for German rail operator

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(Globalpost/GlobalPost)

(Reuters) - Bombardier Inc <BBDb.TO> said its train unit signed an agreement with German engineering group Siemens AG <SIEGn.DE> to supply train components to state-owned rail operator Deutsche Bahn worth about 336 million euros (286 million pounds).

The order is an extension of a 2011 agreement with Siemens under which Bombardier would supply components for up to 220 high-speed ICx trains for about 2.1 billion euros.

The original agreement included an option to order components for up to 80 additional trains until 2030. (http://link.reuters.com/sys27t)

The world's biggest train maker said it would provide the body shells as well as trailer bogies for the new ICx fleet.

Montreal-based Bombardier said the production will start in the summer of 2013, with final assembly to begin in spring 2014.

(Reporting by Krithika Krishnamurthy in Bangalore; Editing by Sriraj Kalluvila)

http://www.globalpost.com/dispatch/news/thomson-reuters/130408/bombardier-gets-336-million-euro-order-german-rail-operator