Transportation

Alstom Wins €2 Billion Train Order From New York’s MTA

Illustration of M-9A railcars.Source: Metropolitan Transportation Authority

French train maker Alstom SA has won a €2 billion ($2.4 billion) order from New York’s Metropolitan Transportation Authority, which is in the process of modernizing its fleet.

Alstom will supply M-9A railcars for the Long Island Rail Road and Metro-North Railroad, the French company said in a statementBloomberg Terminal Friday.