09:52 AM EST - Bombardier Inc. : said its transportation division has signed a contract with construction contractor Al Jaber L.E.G.T. Engineering and Contracting (ALEC) L.C.C. to design and build an INNOVIA APM 300 automated people mover (APM) system for the Dubai International Airport. The transit system will connect the existing Terminal 1 to the new Concourse 4. The contract is valued at approximately 392 million AED (83 million euro, $107 million U.S.). Bombardier Inc.
shares T.BBD.B are trading up $0.01 at $3.38.
