Finmeccanica Unit, Bombardier Win Italian Rail Contract

4 August 2010 (Last Updated August 4th, 2010 18:30)

Ansaldobreda and Bombardier have received an order from Italy's state-controlled railway operator for 50 high-speed trains. The order value is estimated to be €1.2bn ($1.6bn), according to The Wall Street Journal. Finmeccanica unit Ansaldobreda and Canada-bas

Ansaldobreda and Bombardier have received an order from Italy's state-controlled railway operator for 50 high-speed trains.

The order value is estimated to be €1.2bn ($1.6bn), according to The Wall Street Journal.

Finmeccanica unit Ansaldobreda and Canada-based Bombardier placed a joint bid for the contract to construct the trains.

The companies were chosen over French manufacturer Alstom based on a combination of price and the technical project offered.