Kalkine Media ASX Share Market News & Research
Watchlist Sign Up/Login
Kalkine Media ASX Share Market News & Research

Redflex Holdings Signs 8-Year Contract with Los Angeles’ METRO

1 min read | November 21, 2019 02:20 PM AEDT | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Recent News

thumbnail

Goldman Sachs Bank Europe Discloses 0.02% Stake in DCC Energy plc Amid...

thumbnail

Goldman Sachs Reveals Derivative Stakes in DCC Energy Amid Consortium'...

thumbnail

Goldman Sachs Reports DCC Energy Share Transactions Amid Consortium Ta...

thumbnail

Goldman Sachs Drives Significant Derivatives and Share Trading in DCC...

Make Kalkine Media
My Trusted Source

Google Source

Redflex Holdings Limited (ASX: RDF) has entered into a major agreement with the Los Angeles County Metropolitan Transportation Authority (Metro) in the US and California, to provide photo enforcement and violation processing services.

As per the agreement:

  • RDF will provide automated enforcement services at Metro rail crossings and specific bus lanes intersections across the Los Angeles metropolitan region.
  • It comprises of HALO 2 enforcement systems along with Alcyon back office solutions for violation processing services, customer care, field service as well as Los Angeles County Court adjudication support.

The agreement is for an initial period of eight years and is likely to generate a revenue of $36.8 million.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

UK_Premium_Article

Sponsored Articles

1

Top 10 FTSE Listed Dividend Paying Stocks

2

KryptoByte and Archax Partner on Custody Framework for Energy-Derived...

3

Union Jack Oil (AIM:UJO) Unlocks Value with New Discoveries and Operat...

4

Union Jack Oil (LON:UJO) reports strong financials for 1H with £2MM ma...

5

A view of how UK’s lottery industry is embracing internet

Investing Ideas

Previous Next