Bombardier Transportation, Spain sign $405M deal

AP News
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Posted: Dec 31, 2009 12:55 PM

Bombardier Transportation, the Berlin-based unit of Bombardier Inc., has received a contract worth about $405 million from Spain's national rail operator to maintain a fleet of high-speed trains for 14 years.

Bombardier Transportation said Thursday that the maintenance activities will take place at RENFE's depots in Spain in 2010.

The trains that will be maintained are currently being manufactured by Bombardier in association with Spanish railway vehicle maker Talgo.

Bombardier employs more than 600 people at various sites in Spain. Its key products in the region include the AVE 102 and AVE 103 high speed trains and the Madrid Barajas airport people mover.