Union Pacific, Wabtec sign $1.2 billion deal for locomotive modernizations [Yahoo! Finance]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
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Source: Yahoo! Finance
The deal follows a $1 billion order in 2022 to modernize 600 locomotives, the last of which is slated to be delivered this year [see "UP plans major locomotive rebuild program," Trains.com, July 27, 2022]. While the announcement today (Feb. 4) does not specify the number of locomotives involved, it says that upon its completion, UP will have more than 1,700 modernized locomotives in its fleet. The agreement, reached in the fourth quarter of 2025, is the fourth major UP modernization order for Wabtec since 2018. Deliveries from the new order will begin in 2027. "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," Union Pacific CEO Jim Vena said in a press release . "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." The upgraded locomotives ar
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News
- Union Pacific and Wabtec Sign $1.2B Deal to Modernize LocomotivesBusiness Wire
- 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