Knorr-Bremse Gets Train Contract From Siemens Mobility
September 09 2020 - 6:04AM
Dow Jones News
By Kim Richters
Knorr-Bremse AG said Wednesday that it had signed a contract
with Siemens AG's mobility business to equip high-speed trains for
German railway operator Deutsche Bahn AG.
The German supplier will provide braking systems and entrance
systems for 30 ICE trains that are built by Siemens Mobility, and
the contract has an option to equip another 60 trains.
The order, which will be delivered from the first quarter of
2021 until the third quarter of 2024, has a total value in the mid
double-digit million euros range, Knorr-Bremse said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
September 09, 2020 05:49 ET (09:49 GMT)
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