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Ansaldo signs $1.3B Honolulu contract

Written by William C. Vantuono, Editor-in-Chief

Ansaldo on Tuesday announced that its Honolulu Joint Venture, a consortium comprising Finmeccanica companies Ansaldo STS and AnsaldoBreda, has signed a contract with the Honolulu Authority for Rapid Transportation to supply the technology and vehicles for the driverless metro line being advanced in Honolulu.

ansaldo_sts_logo.jpgAnsaldo says the $1.334 billion contract includes the design, construction (or “build”), operation and maintenance (DBOM) of the 20-mile line, which includes 21 stations. Ansaldo STS’ share of the deal comes to about $1.136 billion; AnsaldoBreda’s share is $198 million.

Design and construction work is scheduled to take eight years, with the firststretch of track being operated and maintained beginning in 2015 and the wholeline from 2019 to 2029.

“Ansaldo STS is proud to have signed this important contract, whose value is thehighest in our history. Our company has a proven tradition of delivering highlysuccessful state-of-the-art rail systems around the world and we are fully ready toimmediately get to work to honor our commitment,” said Sergio De Luca, CEO ofAnsaldo STS.

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