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

New York City’s transit system, the largest in the US, is creating a new unit to steer a $12 billion effort to replace decades-old trains and modernize its bus fleet.

Jessie Lazarus, who led the Metropolitan Transportation Authority’s shift from the MetroCard to the tap-and-go OMNY fare system, will head the agency’s new Rolling Stock Program. The group, which will include about 10 staff members, will focus on performance-based specifications for manufacturers rather than being overly prescriptive on design, she said.

Given the scale of its procurement needs, the MTA aims to broaden the domestic manufacturing base and boost ...