Powell Gets $39 Mln Contract For WashingtonDC Dulles Airport Metrorail Extension

(RTTNews) - Powell Industries Inc. (POWL) announced Tuesday that it has received a $39 million contract to supply the packaged electrical power systems to distribute and control the power needs for Phase Two of the Washington DC Dulles Corridor Metrorail Silver Line Extension.

The company stated that its contract includes nine Traction Power Substations and six Tie Breaker Substations to distribute and control the electrical power for eleven miles of track. The substations feature Powell's advanced PowlSmart technology, which provides operators with instant information and remote acquisition and control of switchgear, as well as system integration.

The company noted that it has been a major supplier of power related equipment for electric rail projects for more than 20 years and supplied the Traction Power Substations for the first phase of Dulles Metrorail, which is scheduled to open in early 2014. Powell's equipment is expected to be delivered in 2015 through 2017.

The Silver Line is one of the largest infrastructure projects in the United States, with a total estimated price tag of $5.6 billion. The 23 mile line will extend train service through Tysons Corner to Dulles International Airport and into Virginia's Loudoun County.