ATK.L Regulatory News (ATK)

Atkins wins two Network Rail signalling renewal framework contracts

Atkins has been announced as the preferred supplier for two of Network Rail's signalling renewal framework contracts. The contracts, for the Area 4A Anglia and Kent and Area 4B Sussex and Wessex regions will run for seven years and are a vital part of Network Rail's programme to maintain and modernise its signalling systems. Services provided by Atkins will include specialist signalling systems design, installation, testing and commissioning, and associated power, telecommunications and ancillary civil engineering.

The contracts awarded to Atkins have a revenue potential of up to £400 million over seven years, starting from 2 April 2012.

Uwe Krueger, Atkins' chief executive said: "This is a notable win for our UK region and a credit to the excellent long term relationship that our rail business has built up with Network Rail. We pride ourselves on being an engineering partner that understands the challenge of maintaining one of the world's busiest and most complex rail networks and this new signalling programme is a critical element of that.

"The contracts give us the opportunity to demonstrate the breadth and depth of our rail business' signalling expertise, sharing international best practice and innovation and delivering the management rigour that will bring value for money for one of the public sector's most important players. The move to longer term contracts will also allow us to plan with greater confidence and deliver further efficiencies for Network Rail as a result."

Ends

For more information:

Notes to editors:

Atkins (www.atkinsglobal.com) is one of the world's leading engineering and design consultancies*, employing some 17,700 people across the UK, North America, Middle East, Asia Pacific and Europe. It has the breadth and depth of expertise to plan, design and enable some of the world's most technically challenging and time critical infrastructure projects.

*It is the largest engineering consultancy in the UK (New Civil Engineer Consultants File 2011) and the 13th largest global design firm (Engineering News-Record 2011).

Atkins is the official engineering design services provider for the London 2012 Olympic and Paralympic Games.