Union Pacific and Wabtec Sign $1.2B Deal to Modernize Locomotives [Yahoo! Finance]
Union Pacific Corporation (UNP)
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Source: Yahoo! Finance
PITTSBURGH, February 04, 2026 BUSINESS WIRE )--Union Pacific (NYSE: UNP) and Wabtec (NYSE:WAB) signed a landmark agreement totaling $1.2 billion to modernize the railroad's AC4400 locomotives. This agreement represents the largest locomotive modernization investment in rail industry history, building on Union Pacific's previous 2022 order which is scheduled to be completed in 2026. The upgraded fleet will help enhance the railroad's operational efficiency, service reliability and network performance. "We are committed to delivering the service we sold to our customers and one way we do that is having great American-made locomotives that can get the job done," said Jim Vena, Union Pacific CEO. "These redesigned locomotives will be just like new, providing the improved fuel efficiency and enhanced reliability that we need to grow with our customers and to win new business." Wabtec's modernization program will extend each locomotive's useful life, improve fleet standardization and e
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News
- Union Pacific's Q4 Earnings Call: Our Top 5 Analyst Questions [Yahoo! Finance]Yahoo! Finance
- TD Cowen Highlights Steady Execution at Union Pacific (UNP) After Q4 Results [Yahoo! Finance]Yahoo! Finance
- Schneider National's shares sink on weak Q4, 2026 outlook [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern's profit slips 12% amid merger costs and economic uncertainty [Yahoo! Finance Canada]Yahoo! Finance Canada
- Union Pacific (NYSE:UNP) had its price target lowered by analysts at JPMorgan Chase & Co. from $270.00 to $265.00. They now have a "neutral" rating on the stock.MarketBeat
UNP
Earnings
- 1/27/26 - Miss
UNP
Sec Filings
- 2/4/26 - Form 4
- 1/27/26 - Form 8-K
- 1/12/26 - Form 4
- UNP's page on the SEC website