ALSTOM SA: Alstom to provide operations and maintenance services for Metrolink in Southern California [Yahoo! Finance]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
alstom.com/investor-relations
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Source: Yahoo! Finance
Alstom has provided maintenance for Metrolink for the past 26 years; this contract expands Alstom's scope to also include operations of Metrolink's rolling stock fleet in Southern California. Alstom anticipates retaining 180 and hiring upwards of 200 employees to support Metrolink's operations. The base contract is for 5 years and is valued at 515 million USD (490 million EUR). 9 December 2024 – Alstom, global leader in smart and sustainable mobility, today announced that it has been awarded a contract by the Southern California Regional Rail Authority (Metrolink) to operate, service, and maintain their regional passenger rail system. The contract has a base term of five years, valued at approximately $515 million USD (€490 million EUR) and will run from January 1, 2025, to June 30, 2030, employing more than 400 Alstom team members in Southern California. The contract allows for a potential three-year extension, which would carry the total value of the base contract to approxim
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