£900 Million Contract for Bombardier

Bondholder Bombardier has landed a contract with South West Trains worth almost £900 million.

First Group/MTR, the new franchisee of South West Trains, announced that it had selected Bombardier to supply 750 carriages. The deal, worth £895 million, is the third largest contract the Derby firm has won since 2014, and represents the largest ever single Aventra train order.

First Group/MTR has also chosen Bombardier to maintain its trains throughout the duration of its seven-year franchise, which starts in August.

Richard Hunter, UK managing director at Bombardier Transportation, said that the contract "demonstrates further confidence placed in this market-leading rolling stock, designed and built in Britain.

"Aventra offers enhanced performance and increased passenger capacity, which will play an important part in helping First/MTR satisfy continued levels of passenger growth on the South Western network. The contract builds upon our strong credentials, following the selection of Aventra for Crossrail, as well as for the East Anglia franchise. We look forward to deepening our collaborative relationship with First/MTR."