09:47 AM EST - Bombardier Inc. : Said its transportation division has signed a contract with Singapore’s Land Transport Authority. The contract’s scope covers the supply of 396 BOMBARDIER MOVIA metro cars for passenger services on the high-capacity North-South and East-West Mass Rapid Transit lines. The contract is valued at approximately 827 million SGD ($607 million U.S., 519 million euro). The contract includes an option for long-term service support, and if exercised by SMRT Corporation Ltd, the total contract could be worth up to 1.2 billion SGD ($881 million U.S., 753 million euro). Bombardier Inc.
shares T.BBD.A are trading up $0.02 at $4.82.
