Amtrak and the California High Speed Rail Authority say by working together they hope to advance high speed projects on both the east and west coast.
Amtrak is looking to eventually purchase 32 trains for its east coast system, and California is hoping to acquire 27 trains that operate 220 miles per hour.
California High Speed Rail Authority CEO Jeff Morales says a partnership could do more than just lower pricing from manufacturers.
"I think our shared goal is to make sure that as we move our programs forward, we develop a high speed rail industry here in the United States, as well as provide high speed rail service. We want to see this become the next aerospace industry."