July 28, 2015 / 6:28 AM / in 2 years

Thales set to win 1 bln euro London Underground contract - La Tribune

PARIS, July 28 (Reuters) - French defence and electronics group Thales is set to announce a contract worth about one billion euros ($1.11 billion) to modernise four London Underground lines, French news website La Tribune reported on Tuesday.

Talks have been underway for 18 months with the London Underground since it ended a contract with Canadian group Bombardier in 2013, La Tribune said.

Thales declined to comment when contacted by Reuters about the report.

$1 = 0.9033 euros Reporting by Alexandre Boksenbaum-Granier; Writing by Leigh Thomas; Editing by Andrew Callus

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