Faiveley Transport signs contracts to provide components/systems for new Paris trains

Faiveley Transport, a subsidiary of Wabtec Corporation (NYSE: WAB), has been awarded contracts worth more than $100 million by Alstom and Bombardier Transportation to supply systems for the first 71 train sets of the new generation of double deck trains for Paris. The trains will eventually run on lines D and E of the Paris network.

Under the contracts Faiveley Transport will provide complete braking systems (air generation, brake control and bogie brakes), door systems, HVAC systems (cabin and saloon heating, ventilation and air conditioning), pantographs and tachometer systems. The scope of supply includes the study, design, engineering, manufacture and delivery of the rail systems, which will involve Faiveley operating units in France, Germany, Italy, Sweden, and the Czech Republic. Deliveries are expected to start by September 2018 and to be completed by 2022.

As part of a framework contract for up to 255 trains, the first 71 trains were ordered earlier this year by SNCF, the French national railway, with a consortium of Alstom-Bombardier. These trains, which consist of 56 six-car and 15 seven-car sets, will be able to transport up to 1,860 passengers and are expected to provide greater comfort, functionality and reliability for passengers.

Raymond T. Betler, Wabtec’s president and chief executive officer, said: “We are proud to have been selected by Alstom and Bombardier Transportation to be involved in the new generation of trains for the SNCF network. This represents a great success for Wabtec and Faiveley Transport, with all of our major product lines represented on-board the new trains. We believe this project will enable us to further develop our collaboration with Alstom, Bombardier Transportation, and SNCF while providing innovative railway solutions.”

About Wabtec

Wabtec Corporation is a global provider of value-added, technology-based products and services for freight rail, passenger transit and other industrial segments. The company manufactures a range of products for locomotives, freight cars and passenger transit vehicles, new switcher and commuter locomotives and provides aftermarket services.

About Faiveley

Faiveley Transport is a global supplier of high added value integrated systems for the railway industry. The company supplies manufacturers, operators and railway maintenance bodies worldwide with the most comprehensive range of systems in the market: Energy & Comfort (air conditioning, power collectors and passenger information systems), Access & Mobility (passenger access systems and platform doors), Brakes & Safety (braking systems and couplers) and Services.