Alstom: $515m contract in California
(CercleFinance.com) - Alstom has announced that it has signed a contract with the Southern California Regional Rail Authority (Metrolink) to operate, maintain and service its regional passenger rail network.
The five-year contract, worth around $515m (E490m), will run from 1 January 2025 to 30 June 2030.
The contract includes a potential three-year extension, which would bring the total contract value to around $860m (E817m).
The contract continues Alstom's long-standing partnership with Metrolink, dating back to the delivery of the first Bilevel cars for Metrolink over 30 years ago. Alstom has been maintaining Metrolink's fleet since 1998.
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The five-year contract, worth around $515m (E490m), will run from 1 January 2025 to 30 June 2030.
The contract includes a potential three-year extension, which would bring the total contract value to around $860m (E817m).
The contract continues Alstom's long-standing partnership with Metrolink, dating back to the delivery of the first Bilevel cars for Metrolink over 30 years ago. Alstom has been maintaining Metrolink's fleet since 1998.
Copyright (c) 2024 CercleFinance.com. All rights reserved.