Reported about 8 hours ago
Alstom has landed a €2 billion ($2.4 billion) order from the New York Metropolitan Transportation Authority (MTA) to provide 316 M-9A railcars for the Long Island Rail Road and Metro-North Railroad. The contract, announced in June, will see the first pilot cars delivered by 2029 and all cars expected by 2032, supporting MTA's broader plan to purchase nearly 2,000 railcars as part of a $10.9 billion capital plan. Analysts predict a strong financial performance for Alstom in the upcoming quarter.
Source: YAHOO