Gatekeeper signs $19.5M (U.S.) system upgrade contracts

Executive Summary

• Gatekeeper Systems Inc. (via its subsidiary Gatekeeper Systems USA Inc.) has entered into contracts valued at approximately $27 million CAD ($19.55 million USD) with the Long Island Rail Road (LIRR), a division of the New York Metropolitan Transportation Authority.
• The agreement covers the upgrade of the LIRR's audiovisual recording monitoring system for its railcar fleet.
• The project is driven by a Federal Railroad Administration (FRA) mandate requiring all passenger train lead locomotives to be equipped with crashworthy memory modules and image recording devices by October 12, 2027.

Key Details

• Contract Value: Approximately $19.55 million USD (approximately $27 million CAD).
• Counterparty: Long Island Rail Road (LIRR), the commuter rail division of the New York Metropolitan Transportation Authority.
• Project Scope: Replacement of LIRR's audiovisual recording monitoring system on its railcar fleet.
• Regulatory Context: Compliance with Federal Railroad Administration (FRA) mandates.
• Mandate Requirement: All passenger train lead locomotives providing scheduled intercity rail passenger or commuter service must be equipped with crashworthy memory modules and image recording devices.
• Deadline: The FRA mandate requires compliance prior to October 12, 2027.

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