Bombardier Transportation has signed contracts with Talgo SA to develop and supply components for 36 high speed trains for Saudi Arabia. The contracts are worth about $367 million US. Talgo, a member of a consortium led by the Spanish railway operator RENFE, was recently contracted to build and operate a 450kilometre-per-hour highspeed line connecting Mecca and Medina. The deal include Bombardier's propulsion and control package and 12-year maintenance services for the trains and their components.
