Bombardier gets order for 150 additional rail cars

Tue Jun 26, 2012 9:03am EDT
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(Reuters) - Bombardier Inc's (BBDb.TO: Quote) train unit said it will deliver 150 additional rail cars for about $266 million to the San Francisco Bay Area Rapid Transit District (BART) under an option in a contract signed earlier this month.

The option is under a contract the company signed with the San Francisco BART to deliver 260 new rail cars for $631 million.

Bombardier said it now has firm orders for 410 cars under the BART contract, with a total value of about $897 million.

Shares of the company closed at C$3.81 on the Toronto Stock Exchange on Monday.

(Reporting by Maneesha Tiwari in Bangalore; Editing by Joyjeet Das)