Ansaldo Honolulu Joint Venture, a consortium comprising Finmeccanica companies Ansaldo STS (STS.MI) and AnsaldoBreda, has entered into its largest contract ever, valued at $1.33 billion, with the Honolulu Authority for Rapid Transportation, to supply technology and vehicles for Honolulu’s new driverless rail line.

The contract covers design, construction, operation, and maintenance of the new, 19.9-mile line for the city of Honolulu, which will include 21 stations. Of the total amount, Ansaldo STS’ share comes to $1.13 billion and AnsaldoBreda to $200 million.

The design and construction work is scheduled to take eight years: the first stretch of track is scheduled to enter service in 2015 and the full project should be complete by 2019.

The Honolulu project is the tenth for Ansaldo STS’ Transportation Systems Unit based on driverless trains and unmanned stations—four in Italian cities, the other six in various locations around 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 honor our commitment,” said Sergio De Luca, chief executive officer of Ansaldo STS.

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