Alstom SA ( (FR:ALO) ) just unveiled an announcement.
Alstom has secured a seven-year contract extension valued at approximately $518 million with the Port Authority of New York and New Jersey to continue operating and maintaining the JFK International Airport’s AirTrain. This extension underscores the AirTrain’s critical role in alleviating traffic congestion and enhancing connectivity for millions of passengers and airport employees. The contract will retain over 230 employees and supports community development through initiatives like job opportunities for individuals with past criminal justice involvement and partnerships with local educational programs. Alstom’s ongoing commitment to sustainability and local economic growth is also highlighted by its collaboration with Minority and Women Owned Businesses.
More about Alstom SA
Alstom SA is a global leader in smart and sustainable mobility solutions, specializing in the design, construction, and maintenance of transportation systems. The company focuses on providing efficient and reliable transit solutions, contributing to reducing traffic congestion and enhancing connectivity in urban areas.
YTD Price Performance: -6.49%
Average Trading Volume: 178,978
Technical Sentiment Signal: Sell
Current Market Cap: €9.62B
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