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Bombardier Inc.

03:43 PM EST - Bombardier Inc. : announces its transportation division has signed a contract with Saudi Arabian construction company, Saudi Binladin Group, to design, build, operate and maintain a BOMBARDIER INNOVIA APM 300 automated people mover system for the King Abdulaziz International Airport (KAIA) Development Project in Jeddah, Saudi Arabia. The total value of the contract is $96 million U.S. (68 million euro). Bombardier Inc. shares T.BBD.B are trading down $0.09 at $6.76.