French train manufacturer Alstom (EPA:ALSO) has confirmed a €2 billion ($2.4 billion) contract with the New York Metropolitan Transportation Authority (MTA) to supply M-9A railcars for the Long Island Rail Road and Metro-North Railroad. The deal, initially announced by the MTA in June, will be recorded in Alstom's second quarter of the 2025/26 fiscal year.
The agreement includes the production and delivery of 316 railcars—160 designated for the Long Island Rail Road and 156 for Metro-North. The pilot cars are expected to be delivered in 2029, with passenger service beginning in 2030. Full delivery is scheduled for completion by 2032.
This order represents a significant part of MTA’s broader $10.9 billion capital investment plan aimed at modernizing its commuter fleet. MTA Chair and CEO Janno Lieber described the contract as an early phase of the agency’s goal to acquire nearly 2,000 new railcars to enhance public transit services across the region.
The M-9A cars are designed to provide improved performance, comfort, and energy efficiency, reinforcing MTA’s commitment to sustainable transportation solutions. The deal also strengthens Alstom’s position in the North American market as a key supplier of advanced rail technologies.
Alstom’s latest win reflects growing momentum in global rail infrastructure investments and highlights continued demand for high-capacity, reliable train systems in major metropolitan areas. With this contract, the company not only deepens its partnership with the MTA but also underscores its role in shaping the future of U.S. transit.


OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Visa to Move European Headquarters to London’s Canary Wharf
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup
Proxy Advisors Urge Vote Against ANZ’s Executive Pay Report Amid Scandal Fallout
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 



