ALSTOM Awarded €980 Million Contract to Supply 660 Subway Cars to New York City
31 July 2002 14:44
The Metropolitan Transportation Authority - New York City Transit (MTA-NYCT) Board of Directors voted today to award ALSTOM in partnership with Kawasaki a 980 million euro contract (961 million $) for the design and manufacture of 660 new heavy rail subway cars. The contract includes supply of the cars, spare parts, special tools and training.
The award also includes two options totalling an additional 1000-1040 cars for a total contract value of 2.4 billion euros (2.358 billion $) if exercised by the MTA-NYCT.
The new carriages will replace R32, R38, R40 and R42 cars, and give the NYCT additional new carriages for expansion purposes. The 660 cars of the base order will be delivered in a 2006-2007 timeframe.
'ALSTOM is very pleased to have won this highly competitive tender where our advanced technology and efficient manufacturing capabilities were the key success factors to supply the MTA-NYCT with its new trains,' said Michel Moreau, President of ALSTOM’s Transport Sector. 'This new contract further demonstrates the market confidence in our products and commitment to quality and service. Many of the leading transit systems across the US and around the world have chosen ALSTOM and we are delighted to be working with the MTA on this major project. Winning such a significant contract from the world's largest subway fleet operator is a credit to all of our employees and a major accomplishment in ALSTOM’s strategy to be one of the leaders in the U.S. passenger rail business.'
The body shells will be manufactured in ALSTOM’s facilities in Lapa, Brazil, and the cars will be built up and tested in Hornell, near New York.
This success follows the 137 million euro (129 million $) order received on 20th June from the Washington Metropolitan Area Transportation Authority (WMATA) for 62 new cars.
ALSTOM is the global specialist in energy and transport infrastructure. The Company serves the energy market through its activities in the fields of power generation and power transmission and distribution, and the transport market through its activities in rail and marine. In fiscal year 2001/02, ALSTOM had annual sales in excess of €23 billion and employed 118,000 people in over 70 countries.
ALSTOM is listed on the Paris, London and New York stock exchanges.
ALSTOM's Transport Sector, with annual sales of €4.4 billion, is an internationally leading supplier of rolling stock, information systems, services and complete turnkey systems to the rail industry.
[MTA New York City Transit is the largest subway fleet operator and one of the most extensive and complex public transportation systems in the world. Each day, more than seven million people use New York City Transit – over two billion customers annually.]
For more information on this company:
ALSTOM - Power Supply to Substations and Catenaries
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