Article Highlights
Briefs on Cubic’s turnaround efforts, Montreal’s new RFP, Sydney’s Opal Next Gen project and Ireland’s large fare-system procurement.
An earlier estimate for Ireland’s fare-system procurement placed capex at up to €440 million (US$481.4 million) and opex at up to €1.2 billion over 10 years, with an extension of another 10 years possible.
• Cubic
• ARTM (Montreal)
• TfNSW (Sydney)
• Conduent
• NTA (Ireland)
• Indra
• Scheidt & Bachmann
Cubic Transportation Systems president Peter Torrellas and the corporate turnaround expert he hired, Rich Varos, have held a series of meetings with Cubic clients and partners starting late last year. Both execs only joined the vendor in the fall–their first jobs in the transit fare industry–so perhaps it’s understandable that
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