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Bombardier Inc
Symbol BBD
Shares Issued 2,126,514,345
Close 2019-08-21 C$ 1.71
Market Cap C$ 3,636,339,530
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Bombardier receives contract for 30 trams in Dresden

2019-08-22 10:58 ET - News Release

Mr. Michael Fohrer reports

BOMBARDIER WINS CONTRACT TO SUPPLY AND MAINTAIN 30 FLEXITY TRAMS FOR DRESDEN S TRANSPORT AUTHORITY

Bombardier Inc. and Dresden's transport authority, Dresdner Verkehrsbetriebe (DVB), have signed a contract to supply and maintain 30 Bombardier Flexity trams, equipped with the obstacle detection and assistance system (ODAS) for preventing collisions. The contract also includes the FlexCare maintenance management system for a 24-year period. The value of the order is 197 million euros ($219-million (U.S.)). In addition, an option for 10 additional Flexity trams and eight more years of servicing and maintenance are included in the contract.

The new Flexity trams are wider than DVB's current vehicles and offer significantly greater comfort for passengers with two-plus-two seating and large panorama windows. The new trams will be able to carry up to 290 passengers, which is around a 10-per-cent increase. To allow barrier-free access while using the existing infrastructure, only the portion of the car body, which is above platform level is wider. The new fleet will be delivered by the end of October, 2023.

"I am pleased that Dresdner Verkehrsbetriebe is counting on the employees' competence, know-how and the quality of Bombardier's products here in Saxony and that these modern light rail vehicles are being built at the Saxon sites. The future of both factories and Bombardier's long-term commitment are very close to my heart. I am confident that Saxon products will also increasingly prevail in many tenders outside Saxony due to their quality, which combines innovation and sustainability," emphasized Saxony's minister of economic affairs, Martin Dulig.

"We urgently need the new light rail vehicles, which provide larger capacity, in order to offer sufficient space for the rapidly growing number of our passengers," said Andreas Hemmersbach, DVB's board member for finance and technology. He added: "In a multistage selection process, criteria such as technology, price, service and design were evaluated on a points-based system. Of all the manufacturers, Bombardier offered us the best overall package."

"We are proud to support our long-standing partner and customer, DVB, in their transport service expansion by supplying our innovative, reliable and air conditioned Flexity trams, offering generous multipurpose areas and the highest safety standards. Our FlexCare maintenance management system not only ensures high availability and reliability, but also guarantees cost security over the entire term of the contract. Hand in hand with DVB, we will carry out servicing and maintenance of these Flexity trams together," explained Alexander Ketterl, responsible for the urban transport business at Bombardier Transportation in Germany.

Michael Fohrer, head of Bombardier Transportation Germany, added: "This contract will be carried out at our two sites in Saxony. The car bodies will be produced in our centre of competence for car bodies in Gorlitz. Final assembly and commissioning will be carried out at our industrial lead site in Bautzen."

More than 4,000 trams and light rail vehicles from Bombardier are already successfully in operation or on order worldwide.

About Bombardier Inc.

With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Its products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

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