Bombardier Transportation announced that it signed a new contract with New Jersey Transit Corporation (NJ TRANSIT) at the end of September to provide operations and maintenance services for NJ TRANSIT’s River Line Light Rail system. The contract is valued at approximately USD 296M and covers a period of 15 years. The agreement includes an option for an additional five years. Through its wholly-owned subsidiary Southern New Jersey Rail Group, Bombardier has been operating and maintaining the River Line Light Rail system since its opening in March 2004.
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