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• Alstom and its two Chinese joint ventures have been awarded two contracts by Beijing MTR Construction Administration Corp. totaling $193.3 million to provide advanced traction and signaling systems for the new line six of the Beijing metro. Shanghai Alstom Transport Electric Equipment Co. Ltd. will employ Optonix technology, which is designed to reduce travel time, to the traction system of 512 metro cars. The joint venture CASCO will provide an advanced train control and signaling system.

• AECOM Technology Corp. has been awarded a five-year, $17.6 million planning and design contract for the first phase of India's Hyderabad Metro Rail project. As the project's engineer, AECOM will plan and conceptually design the system, and provide design review, system assurance and intregration, and interface management services. The project covers construction, operation and maintenance of three high-traffic-density metro rail corridors, 66 stations and 45 miles of elevated rail viaduct in the city of Hyderabad.

• L.B. Foster Co. reported fourth-quarter net income increased 59.5 percent to $6.2 million, or 60 cents per diluted share, compared with net income of $3.9 million, or 38 cents per diluted share, in fourth-quarter 2009. The results included a $1.4 million gain, or 8 cents per share, from the Portec Rail Products Inc. acquisition, which closed Dec. 15. Net sales increased 40.7 percent to $148 million in the quarter compared with $105.2 million in fourth-quarter 2009. For the full year, net income totaled $20.5 million, or $1.98 per diluted share, compared with net income of $15.7 million, or $1.53 per diluted share, in 2009. Net sales for the full year increased 17.6 percent to $475 million vs. $404 million in 2009.

• American Railcar Industries Inc. (ARI) reported a net loss of $7.8 million, or 37 cents per share, on revenue of $95.3 million in the fourth quarter, vs. net earnings of $10.5 million, or 50 cents a share, on revenue of $78.5 million in fourth-quarter 2009. The net loss was partly due to competitive pricing, an increase in stock-based compensation expense driven by higher priced company stock, an increase in net interest expense, a decrease in other income due to a 2009 corporate bond sale, and an income tax change, according to the company. For the full year, the company reported a net loss of $27 million, or $1.27 per share, on revenue of $273.6 million, compared with net earnings of $15.5 million, or 73 cents per share, on revenue of $423.4 million in 2009. Last year, ARI shipped 2,090 new rail cars vs. 3,690 cars in 2009. As of Dec. 31, the company’s backlog stood at 1,050 cars.

• Sam Schwartz Engineering P.L.L.C. has promoted Jeff Trim to executive vice president of transportation services. He previously was senior vice president and general manager of the firm’s Tampa, Fla., office. In addition to overseeing Tampa operations, Trim will oversee the finished product for all services the firm provides for clients nationally, ranging from roadway design to traffic operations and transportation planning.

• Indra received the IBM Beacon Award for "best industry solution" in the travel and transportation category at IBM’s PartnerWorld Leadership Conference in Orlando, Fla., on Feb. 16. Indra was recognized for developing the DaVinci platform for railway traffic control and management. The DaVinci system, which is the intellectual property of Adif, manages high-speed rail in Spain, has been implemented on rail systems in the United Kingdom and Colombia, and has been chosen by Morocco and Lithuania to manage their rail systems, according to Indra.