Union Pacific and Wabtec Sign $1.2B Deal to Modernize Locomotives
Westinghouse Air Brake Technologies Corporation (WAB)
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Source: Business Wire
Largest locomotive-modernization agreement in rail industry historyUpgrades to significantly improve operational efficiency and fleet productivity PITTSBURGH--(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 wi
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News
- Union Pacific, Wabtec sign $1.2 billion deal for locomotive modernizations [Yahoo! Finance]Yahoo! Finance
- Does This Valuation Of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Imply Investors Are Overpaying? [Yahoo! Finance]Yahoo! Finance
- Wabtec (NYSE:WAB) was given a new $280.00 price target on by analysts at Susquehanna. They now have a "positive" rating on the stock.MarketBeat
- Should You Think About Buying Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Now? [Yahoo! Finance]Yahoo! Finance
- Wabtec (NYSE:WAB) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
WAB
Earnings
- 10/22/25 - Beat
WAB
Sec Filings
- 2/3/26 - Form 4
- 2/3/26 - Form 3
- 1/7/26 - Form 4
- WAB's page on the SEC website