Alstom Wins $4.7 Billion Contract to Build Passenger Railcars for Canada's VIA Rail

Alstom has been awarded a C$4.7 billion contract by Canada’s state-owned Via Rail to manufacture 313 new passenger railcars and provide long-term technical support and spare parts services. The order is part of an initiative to replace the aging fleet currently in use, marking one of Alstom's largest contracts in North America. The deal reflects a growing emphasis on modernizing public transportation infrastructure across Canada. It also highlights increasing government investment in sustainable mobility solutions as countries aim for greener transport systems post-pandemic and amid climate change concerns.

By Carl Surran, SA News Editor · Seeking Alpha ·

Alstom Wins $4.7 Billion Contract to Build Passenger Railcars for Canada's VIA Rail

Tickers: $ALSMY

Topics: Government Contracts Infrastructure Railcars

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