Alstom lands €460 million order to add driverless trains to Riyadh Metro lines 3, 4 and 6
Alstom announced a new agreement with the Royal Commission for Riyadh City to deliver additional driverless metro vehicles for Lines 3, 4 and 6. The deal is valued at roughly €460 million (about $585.5 million including VAT). The contract will be booked in Alstom’s second quarter of the 2026/27 fiscal year. Mohamed Khalil, Alstom’s MENA RHQ Managing Director, said the order expands the fleet of 116 trains already operating in Riyadh.
Why it matters
The contract adds €460 million of revenue to Alstom’s order book and will be recognized in Q2 of its 2026/27 financial year, boosting short‑term earnings. The expanded fleet should increase Alstom’s exposure to the fast‑growing Saudi metro market.
Key facts
- 1Alstom agreed to supply additional driverless metro trains for Riyadh’s Lines 3, 4 and 6. alstom.com
- 2The contract value is approximately €460 million, or about $585.5 million when VAT is included. gdnonline.com
- 3The order builds on the 116 driverless trains already delivered for the Riyadh Metro network. alstom.com
- 4Revenue from the contract will be recorded in the second quarter of Alstom’s 2026/27 financial year. gdnonline.com
- 5Mohamed Khalil, Alstom’s MENA RHQ Managing Director, commented that the deal reflects trust in Alstom and supports Riyadh’s growing demand. alstom.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.