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StocksMedium•17 April 2026•

1 min read

San Diego Orders 73 CNG Buses from NFI Group Subsidiary in $64 Million Deal

A Boeing 737 MAX airplane flying over a US flag map. Two other planes are in a factory below, with parts and tools in the foreground.

Key Facts

1San Diego Metropolitan Transit System (MTS) exercised an option to purchase 73 additional CNG heavy-duty transit buses from New Flyer.

The San Diego Metropolitan Transit System (MTS) has exercised an option to purchase 73 additional compressed natural gas (CNG) heavy-duty transit buses from New Flyer, a subsidiary of NFI Group. The new order is valued at approximately $64 million and has been officially added to NFI's firm backlog for the fourth quarter of 2025. This transaction occurs during the fourth year of a five-year contract originally established in 2022. The move underscores San Diego's commitment to fleet replacement and expansion using CNG technology. For NFI Group, the deal represents a steady revenue stream and reinforces its long-term municipal partnerships. This development highlights the ongoing demand for sustainable transit solutions within the North American market.