Bombardier Transportation: Bombardier receives order as Siemens' partner and supplier in the expansion of Deutsche Bahn's ICE 4 fleet

Bombardier's supply share is around one third of Deutsche Bahn's order of 18 7-car trains and 50 rail cars

BERLIN, Oct. 04, 2018 (GLOBE NEWSWIRE) --

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Global mobility solution provider Bombardier Transportation will continue to make an important contribution to the expansion of Deutsche Bahn's ICE 4 fleet as a Siemens' partner and supplier. At the end of September, Bombardier signed a contract with Siemens for further cooperation as a supplier for Deutsche Bahn's new order for 18 7-car ICE 4 trains and 50 powered cars. The contract is valued at approximately 198 million euro ($229 million US). Bombardier's scope represents around one third of the overall project.

The new order is part of a framework agreement for the development and supply of key components for up to 300 ICE 4 high-speed trains for Deutsche Bahn, which was signed with Siemens in 2011. Bombardier is responsible for the exterior design, the production and design of the steel car bodies, the delivery of the trailer bogies and around 30 percent of the final assembly of the entire ICE 4 fleet.

"The ICE 4 is the flagship of Deutsche Bahn and a perfect example of modern rail transport. We are proud to be part of this prestigious project," said Laurent Troger, President of Bombardier Transportation. "The aim is to jointly provide the right mobility solutions for safe, comfortable and efficient long-distance transport in Germany. Our innovative high-technology components and our manufacturing expertise make an important contribution to the success of this project."

About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry's broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.

About Bombardier
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchangeor follow us on Twitter @Bombardier.

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