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Rail News: Railroading Supplier Spotlight

Rail supplier news from Bombardier, Alstom, Thales and ACE Westchester (June 19)


Bombardier Transportation and Deutsche Bahn AG have signed a frame contract for the delivery of electric locomotives. The contract's total potential value could be $2 billion, according to a Bombardier press release. The agreement includes options for the call-off of up to 450 locomotives by 2020. The first call-off of 110 locomotives for DB Schenker Rail and 20 for DB Regio was exercised on June 17 at a value of $573 million.

Alstom obtained a $60.3 million contract from the Greater Avignon Metropolitan Area in France to supply 24 Citadis Compact trams. Scheduled for delivery in spring 2016, the trams will travel on both lines of a future nine-mile network in the France region.

Thales has signed with Trans Sistemas de Transportes member of the VLT RMBS consortium a new contract to provide signaling and communications systems for the new light-rail system in Santos, Brazil. The contract is Thales' third in Brazil in 18 months.

ACE Westchester, a U.S.-based insurance division of ACE Group, has formed a new railroad underwriting unit to provide railroad liability insurance products and services. The products and services will be offered through ACE Tracks™, which is designed to provide coverage resulting from covered perils to protect railroad operations and railroad contractor clients, according to a company press release. Catherine Whiddon will serve as vice president, railroad practice leader, with overall responsibility for delivering specialized railroad insurance solutions in North America.

Contact Progressive Railroading editorial staff.

More News from 6/19/2013