Siemens agrees $1.92bn deal to develop 94 trains for London Underground

By Sean Galea-Pace
The Germany-based manufacturer, Siemens, has agreed a $1.92bn contract to develop 94 new trains that are set to be introduced into the London Undergroun...

The Germany-based manufacturer, Siemens, has agreed a $1.92bn contract to develop 94 new trains that are set to be introduced into the London Underground for its Piccadilly line.

Having initially been awarded the contract in June earlier this year, the agreement faced legal action from Bombardier and Hitachi, however, a High Court ruling later decided that the deal could go ahead.

The train will be built in the firm’s £200mn ($256.2mn) factory in Goole, East Yorkshire, for which phased development are expected to commence this year.

Nigel Holness, Managing Director of the London Underground, said: “The introduction of new trains on the Piccadilly line will significantly improve the journeys of millions of our customers, providing more frequent and more reliable trains for decades to come.”

See more:

“This order will mean the replacement of the 1970s Piccadilly line fleet, with delivery of the new trains starting in 2023, and will help address crowding on the line as London’s population continues to rise.”

It is anticipated that the project will generate 700 jobs in the facility, which are expected to be developed on a 67-acre site near the M62 motorway.

The trains are anticipated to be in operation in London in 2024, with trains delivered for testing a year earlier in 2023.

Share

Featured Articles

Microsoft’s Çağlayan Arkan explores the supply chain

Çağlayan Arkan, Microsoft’s VP Global Strategy & Sales Lead for Manufacturing & Supply Chain, gives his take on digital factories and ‘the art of possible’

Elisabeth Brinton on the Microsoft Cloud for Sustainability

Microsoft’s Elisabeth Brinton discusses the Microsoft Cloud for Sustainability programme & how manufacturers are being supported by their new technology

Aiimi’s Head of Solution Engineering Matt Eustace on risks

Aiimi utilises AI to provide businesses insights that eliminate risks ‒ including how to manage sanctioned individuals in your supply chain

5 minutes with Nicolai Peitersen, co-founder of Wikifactory

Procurement & Supply Chain

Three steps to building a resilient enterprise ecosystem

Procurement & Supply Chain

Chocolate manufacturer Venchi on sustainable packaging

Procurement & Supply Chain