Photo: Julian Wolinsky

USA: Meeting on September 22, the board of the Los Angeles County Metropolitan Transportation Authority agreed to award Spanish rolling stock manufacturer Talgo a contract to refurbish up to 74 rail vehicles for $73m.

Awarded to the company’s US subsidiary Patentes Talgo Inc, the contract contains a firm order for 38 cars at a cost of $55m, plus an option for a further 36 units for $18m. Contract signature is expected within the next few weeks.

Work to be undertaken over a period of 56 months will include the replacement of ‘vital systems and components’, with vehicle technology to be updated. Talgo notes that with this contract it is entering a new segment of the rolling stock market, in line with the company’s growth strategy.