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)
The Canadian Press
