By Richard Weiss – Siemens AG (SIE) won an order from German national rail company Deutsche Bahn AG for as many as 300 trains, marking the largest contract to date in the German engineering company’s history.
Deutsche Bahn will buy the ICx-dubbed trains for delivery until 2030, with an initial lot of 130 units. The first two tranches of the order, comprising 220 trains, is worth about 6 billion euros ($8.7 billion). more> http://tinyurl.com/435e3ve
related>
- Building a smarter rail system, StrategyGroup
- DB and Siemens sign ICx contract, Railway Gazette
- Deutsche Bahn to sign multibillion euro contract with Siemens, Andrew Bowen, AFP/dapd/Deutsche Welle
- Berlin Pushes Industry on High-Speed Maglev Rail, Peter Müller, SPIEGEL
- Sub-contract on European train order could net billions for Bombardier, Francois Shalom, Postmedia News/Gazette
- D.Bahn approves 7 bln eur order from Siemens, Markus Wacket and Edward Taylor, Reuters
- Deutsche Bahn agrees ICx train order with Siemens, Railway Gazette
