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INVENSYS WINS £850M SIGNALLING CONTRACTS
07 April 2003 - Invensys plc
| Invensys Westinghouse Rail Systems Limited, part of Invensys Rail Systems, has been awarded two London Underground signalling contracts by Bombardier Transportation, worth over £850 million. The contracts will run from 2003 to 2014. The contracts cover the provision of Signalling, Train Control and Train Supervision systems as part of a Bombardier contract with the Metronet consortium. |
Invensys Westinghouse Rail Systems Limited, part of Invensys Rail Systems, has been awarded two London Underground signalling contracts by Bombardier Transportation, worth over £850 million. The contracts will run from 2003 to 2014. The contracts cover the provision of Signalling, Train Control and Train Supervision systems as part of a Bombardier contract with the Metronet consortium. The Bombardier contract with Metronet encompasses Rolling Stock and Signalling Upgrade projects for Infracos BCV (Bakerloo, Central, Victoria) and SSL (Sub-Surface Lines - Hammersmith and City, District, Metropolitan and Circle Lines) under the London Underground Public Private Partnership (PPP) scheme. Rick Haythornthwaite, Chief Executive of Invensys plc comments - 'We are delighted to have secured this contract. It is probably the largest mass transit signalling and train control contract ever awarded and clearly demonstrates that Invensys Rail Systems is one of the world's leading specialists in railway signalling. It is therefore very well placed to exploit the forecast worldwide growth in mass transit systems. It will also mean that the London travelling public will enjoy reliability, increased train frequency and a smoother, quieter Underground system.' Under the first contract, WRSL will design, supply, install, test and commission new signalling and train control equipment for the Victoria Line. Work will commence immediately with passengers benefiting from the new systems in 2007 and all work completed by 2012. WRSL has also been awarded a similar scope of supply for the Sub Surface Lines (SSL). Detailed design work for this contract will begin in April 2005. The upgrade programme is planned to run through until 2014, with the first benefits starting to come through to the travelling public within the next 5 years.
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About: Invensys plc
Invensys is a global automation, controls and process solutions Group. We empower you to increase productivity, reduce waste, remove cost from your supply chain, boost profitability and demonstrate measurable improvement in your company's overall performance.
As a global leader in resource productivity, Invensys offers products and services, expertise, and technologies that enable you to maximize return on investments, conserve resources and optimize performance across your value chain.Operating in more than 60 countries worldwide, Invensys meets the needs of the process and batch industries - from oil & gas, powerand utilities, chemicals, and rail systems to food & beverage, healthcare, and data communications - as well as the discrete and hybrid manufacturing sectors, and provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, and electronic and electro-mechanical systems and components to appliance and related industries. Not only do we help improve your bottom line, by enabling you to manage your assets more efficiently, but we also help you to protect the environment. As the result of our efforts, we have been awarded the prestigious Energy Star Label by the United States Environmental Protection Agency (EPA). Taking an integrated strategic approach to increasing your productivity, we enable you to increase output from your existing plants and technology investments, provide you with solutions that create more efficiencies in your supply chain, and increase performance at every level. From the production line to executive offices, from customer relationship and procurement management to distribution logistics, we can help you improve productivity, optimize performance, and increase profitability. |
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