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Bombardier wins $203 million contract from Azerbaijan Railways

Reuters

(Reuters) - A consortium led by Canadian aircraft and train maker Bombardier Inc won a $288 million contract from Azerbaijan Railways to deliver signaling systems for an international corridor connecting Asia and Europe. Bombardier said its share in the contract is $203 million. Under the contract, the company will provide signaling systems on the 503 km (313 miles) long Baku-Boyuk-Kesik section of the line. (Reporting by Krithika Krishnamurthy in Bangalore; Editing by Kirti Pandey)