Fresh off Governor Andrew Cuomo and Mayor Bill de Blasio coming together to fix the subway system, the MTA has awarded Collins Aerospace a 53-month, $68 million contract to serve as the prime contractor for a transit information management modernization project.
New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio have—some would say surprisingly—worked together and announced a 10-point plan to transform and fund the MTA.
At its Investor and Financial Analyst Conference earlier this month, Norfolk Southern representatives discussed, among other subjects, how the company is “reimagining itself.”
Wabtec Corporation has completed its merger with GE Transportation. The combined company, which is expected to boast revenues greater than $8 billion in 2019, has a compelling growth profile—especially as market conditions improve in its industries. Wabtec announced the transaction completion at the same time as its 4Q18 and full-year 2018 financials.
