Loram & AEGIS sign MOU to meet growing demand

Loram and AEGIS have signed a Memorandum of Understanding (MOU) that will see both businesses work together to meet the needs of a growing number of rolling stock asset owners.

Loram specialises in rolling stock and on-track maintenance services. By partnering with AEGIS, a global leader in rail consultancy and certification, both businesses aim to provide turnkey high- tech engineering services to owners of passenger, freight and infrastructure vehicles in both the UK and across the EMEA region.

Today’s announcement follows growing collaboration between AEGIS and Loram on ETCS retrofit projects, as well as joint work on securing approvals and certification for re-engineered vehicles. As well as meeting the emerging needs of asset owners such as Network Rail, TfL, HS2 and the ROSCOs, the MOU will also accelerate modification and enhancements to fleets operated and maintained by Loram.

Richard Kelly, Managing Director of Loram, said: “As a business committed to meeting customer needs in a timely and cost-effective manner, I’m delighted that Loram can join with AEGIS to accelerate the delivery of a range of projects and the deployment of on-train signalling systems. The formation of GBR is about simplifying the railway and enhancing delivering for all our customers, our MOU with AEGIS will make this tangible for the rolling stock owners that work with both our businesses.”

Mark McCool, Managing Director of AEGIS said: “Having worked with Loram for many years it is clear that we share a passion for delivering excellence to our customers. This MoU demonstrates our joint commitment to bring our teams closer together, to share our diverse expertise, to learn from each other and ultimately provide our customers with an enhanced industry leading service, focussed on agility, innovation and best value. This collaboration will provide a one stop shop offering the complete systems engineering lifecycle for everything from small modifications to full turnkey solutions.”

Both AEGIS and Loram are based in Derby, at the Heart of the Railway.

Pictured left to right:

Richard Kelly  – MD Loram UK

Mark McCool – MD AEGIS

Ian Duffew – Non Exec Director Loram UK & Facilitator

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