Ansaldo STS USA Inc.

Ansaldo Honolulu JV signs contract for City of Honolulu’s Driverless Metro

Ansaldo Honolulu Joint Venture, a consortium comprising Finmeccanica companies Ansaldo STS (STS.MI) and AnsaldoBreda, has signed a contract with HART (Honolulu Authority for Rapid Transportation) to supply the technology and vehicles for the new driverless metro line for the city of Honolulu.

The contract, worth a total of USD 1,334 million (net of Hawaiian GET tax), is for the design, construction, operation and maintenance of the new line for the city of Honolulu, which will be around 32 kilometres long and have 21 stations; Ansaldo STS' share of the deal comes to USD 1,136 million and that of AnsaldoBreda to USD 198 million.

The design and construction work is scheduled to take eight years, with the first stretch of track being operated and maintained from 2015 onward and the whole line from 2019 to 2029.

This is the 10th project for Ansaldo STS' Transportation Solutions Unit based on the modern metro system with driverless trains and unmanned stations that operates in four Italian cities and six elsewhere in the world.

"Ansaldo STS is proud to have signed this important contract, whose value is the highest in our history. Our company has a proven tradition of delivering highly successful state-of-the-art rail systems around the world and we are fully ready to immediately get to work to honour our commitment," Sergio De Luca, CEO of Ansaldo STS, stated.