Sept 18 (Reuters) - Bombardier Inc BBDb.TO said its train unit signed a deal worth about 281 million euros ($367 million) with the Saudi Arabian unit of Spain's Talgo to supply parts for 36 high-speed trains.

Intercity passenger train manufacturer Talgo was recently contracted by the Saudi Railways Organization to build and operate a 450-km high-speed railway connecting Mecca and Medina.

Bombardier, the world's largest train maker, said the deal is likely to include propulsion and control packages and high-speed bogies. Most of these will be manufactured at its Trapaga plant in Spain.

Shares of the Montreal-based company, which is also the world's third-largest plane maker, closed at C$3.74 on the Toronto Stock Exchange on Monday.

($1 = 0.7612 euros)

(Reporting by Sandhya Vijayan in Bangalore; Editing by Joyjeet Das)

(Sandhya.Vijayan@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5043; Reuters Messaging:; sandhya.vijayan@thomsonreuters.com)

Keywords: BOMBARDIER DEAL/