£1.5 million rail equipment contract from Bombardier
|LPA GROUP PLC|
|£1.5 million rail equipment contract from Bombardier
LPA Group PLC (“LPA” or the “Group”) is pleased to announce that its wholly-owned subsidiary, LPA Industries Limited (trading as “LPA Niphan Systems”), has been awarded a £1.55 million contract to supply stand-by power systems (Battery Rafts) and inter-car electrical interfaces (Jumpers) for a total of 93 Turbostar Diesel Multiple Units (“DMUs”) being manufactured by Bombardier Transportation UK Limited in Derby.
Delivery will commence during the first quarter of 2009 and extend in to 2010. LPA has been supplying similar equipment for Turbostar DMUs since 1998 and this contract brings the total number of such systems to be supplied since 1998 to nearly 500.
Peter Pollock, Chief Executive, comments:
“After a gap of more than three years in Turbostar production, this third significant rail contract we have won in the past two months is very welcome news, helping secure the future for LPA Niphan Systems, which now has a healthy order book extending several years in to the future. We are working hard to secure other near term opportunities for the Group and expect to announce further contract wins in due course.”