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Bombardier Inc.

09:53 AM EST - Bombardier Inc. : said its transportation division has signed contracts with both the Düsseldorf (Rheinbahn AG) and Cologne transport authorities (KVB) for the delivery of 62 FLEXITY light rail vehicles in total. The contract with KVB is for 20 vehicles and is valued at approximately 64 million euro ($68 million U.S.). Rheinbahn AG's contract for 42 vehicles, with an option for 16 additional vehicles, is valued at approximately 127 million euro ($135 million U.S). Bombardier Inc. shares T.BBD.B are trading up $0.04 at $2.49.