Alstom Wins €1 Billion Share of Melbourne Suburban Rail Loop East Contract

Alstom SA ( (FR:ALO) ) has shared an announcement.

Alstom has secured a €1.0 billion share of a €4.9 billion contract as part of the TransitLinX Alliance to deliver rolling stock, signalling, digital infrastructure, cybersecurity, communications, platform screen doors and system integration for the Suburban Rail Loop East in Melbourne, Australia. The deal includes the local assembly of 13 fully automated four-car Metropolis metro trains at Alstom’s Dandenong site, backed by a 15-year FlexCare Perform maintenance package and supported by its Urbalis CBTC signalling platform, with operations to be based at a new facility in Heatherton and first trains scheduled to enter service in 2035. The project, which forms the first 26 km stage of Australia’s largest rail and housing infrastructure initiative and will create the country’s second driverless metro fleet after Sydney, strengthens Alstom’s position as the only end-to-end rail technology manufacturer in Australia and reinforces its strategic role in major Asia-Pacific urban mobility developments.

The most recent analyst rating on (FR:ALO) stock is a Sell with a EUR19.50 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.

More about Alstom SA

Alstom is a global leader in smart, sustainable mobility, supplying high-speed trains, metros, monorails, trams, turnkey rail systems, signalling, digital mobility solutions, infrastructure and maintenance services. Operating in 63 countries with more than 86,000 employees, the France-listed group focuses on low-carbon transport solutions and generated €18.5 billion in sales in its 2024–25 fiscal year.

Average Trading Volume: 1,076,443

Technical Sentiment Signal: Buy

Current Market Cap: €11.3B

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