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An announcement from Alstom SA ( (FR:ALO) ) is now available.
Alstom has secured a €380 million contract from Houston’s George Bush Intercontinental Airport to replace and upgrade the Skyway automated people mover system and provide 15 years of operations and maintenance. The project includes a new operations control center, Urbalis automatic train control, enhanced communications, 16 Innovia APM R vehicles and modernised station doors, aimed at boosting capacity, reliability and passenger flow amid the airport’s multibillion‑dollar expansion.
A dedicated 48‑person on‑site team will support the long‑term service agreement, underscoring Alstom’s role as a key mobility partner after two decades of running the existing Skyway system. The deal strengthens Alstom’s position in the U.S. airport transit market, where its Innovia APM technology already serves numerous major hubs, and demonstrates how its integrated operations, signalling and maintenance offerings are becoming central to large‑scale airport modernization programs.
The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR24.00 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 SA is a global leader in smart and sustainable mobility solutions, supplying rail transportation systems, signalling technologies and services across the full asset lifecycle. The company focuses on automated people movers, metro and mainline rail, and related operations and maintenance, with a strong presence in airport transit systems in the United States and worldwide.
Average Trading Volume: 1,177,377
Technical Sentiment Signal: Buy
Current Market Cap: €11.07B
For a thorough assessment of ALO stock, go to TipRanks’ Stock Analysis page.