Provided Content: Content provided by Canadian Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.
AtkinsRéalis signs deal to help modernize U.K. rail signalling system
MONTREAL — AtkinsRéalis Group Inc. says it has signed a deal with U.K. rail infrastructure owner Network Rail to help upgrade and digitize its signalling over the next 10 years.
Network Rail has launched a four-billlion pound program to upgrade signalling across its network over the coming decade.
The company says the modernization will bring greater reliability across the country through a mixture of traditional signalling and digital control.
AtkinsRéalis says it has secured two of the eight contracts awarded.
The Canadian company formerly known as SNC-Lavalin will work independently on conventional signalling contract.
AtkinsRéalis will also partner with Construcciones y Auxiliar de Ferrocarriles, S.A.(CAF) in a new joint venture on a digital signalling contract.
This report by The Canadian Press was first published Sept. 16, 2024.
Companies in this story: (TSX:ATRL)
