Bombardier Signs $2.1B Contract with Transport for London to Build Crossrail Rolling Stock and Depot

Rail technology leader Bombardier Transportation

announced today that it has signed a contract with Transport for London for the provision of new trains, a depot and maintenance services for the flagship London Crossrail project. The contract is valued at approximately £1.3 billion GBP (1.6 billion euro, $2.1 billion US). Bombardier will deliver 65 nine-car trains and construct a new purpose-built depot at Old Oak Common. The deal also includes maintenance provision for the fleet of trains. The programme is scheduled to commence on April 17, 2014. The new trains will be built at Bombardier's Derby site and will support 840 UK manufacturing jobs including 80 apprenticeships. In addition, the project will create around 260 jobs for the construction of the new depot and approximately 80 jobs for the ongoing maintenance of the trains.