Bombardier鈥檚 past haunts it as NYC blocks it from bidding on new subway cars
According to a story in the Montreal Gazette, Bombardier has been frozen out of a bidding process to build up to 1,695 new subway cars for the New York City Metropolitan Transit Authority due to cost overruns and late delivery on an earlier MTA contract. The beleaguered company鈥檚 early performance on a contract for Toronto鈥檚 new streetcars was similarly poor, though Bombardier says that it has been meeting deadlines for the past year.
Desautels Professor Karl Moore says that this is not great for Bombardier, but points to the Toronto contract as proof that the company鈥檚 much-vaunted turnaround is showing results. Still, he says, there is a long road ahead for Bombardier.
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