MTA to spend $1.5B on new fleet of modern subway cars

New York’s MTA finalises $1.5bn contract for new subway cars

The Metropolitan Transportation Authority board has approved a contract valued at $1.507bn for the purchase of 378 new R268 subway cars.The post New York’s MTA finalises $1.5bn contract for new subway cars appeared first on Railway Technology.

MTA to spend $1.5B on new fleet of modern subway cars

The Metropolitan Transportation Authority will buy nearly 400 new subway cars as part of its ongoing effort to modernize New York City’s fleet and signal system. Gov. Kathy Hochul on Friday announced that the MTA Board approved a $1.5 billion contract for 378 R268 subway cars for the system’s “B” Division, featuring signals compatible with the agency’s transition to Communication-Based Train Control (CBTC) technology. Funded through the MTA’s 20…