JOURNAL ARTICLE

NYC MTA Unveils $12 Billion Push to Replace Aging Trains, Buses.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kaske, Michelle 3 of 3

Abstract

The article discusses the Metropolitan Transportation Authority's (MTA) initiative to establish a new unit focused on a $12 billion project aimed at replacing aging trains and modernizing the bus fleet in New York City, the largest transit system in the U.S. Jessie Lazarus, who previously led the transition to the OMNY fare system, will oversee the Rolling Stock Program, which will prioritize performance-based specifications for manufacturers. The MTA plans to procure approximately 1,500 subway cars, over 500 commuter-rail cars, and around 2,200 buses as part of its 2025–2029 capital program, addressing the need to replace older vehicles that are increasingly prone to breakdowns. This initiative represents a significant investment in domestic manufacturing and aims to enhance competition among suppliers while stabilizing the public transit supplier base. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2026
  • Accession Number:191293407
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