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Bombardier Inc. says the TRAXX locomotives will be mainly used to power Israel’s fleet of 369 Bombardier double deck coaches currently in use.

Bombardier

Bombardier Transportation has signed a contract to provide 62 locomotives to Israel Railways.

Based on the list price, the contract is worth about $340-million, and includes an option for an additional 32 locomotives.

The Berlin-based branch of Bombardier Inc., says the TRAXX locomotives will be mainly used to power Israel's fleet of 369 Bombardier double deck coaches currently in use.

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The first deliveries are planned for the end of 2017.

"The Israel Railways electrification project is advancing and becoming a reality," said Israel Railways CEO Boaz Tzafrir.

"The transition to electric operation, a standard practice in all advanced countries, will be a significant leap forward."

Bombardier says the contract was signed on Sept. 20 and will be recorded in its third quarter results.

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