Wabtec Secures $386 Million Order from New York's MTA for New Locomotives [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
battery-diesel work locomotives to New York's Metropolitan Transportation Authority (MTA). The order is a major step in the Authority's Capital Plan to revitalize the city's transit network infrastructure and improve the capabilities and safety of its maintenance crews. "The success of the R255 hybrid locomotive is a tribute to the strong working relationship between Wabtec and the MTA," said Alan Hamilton, Vice President of Engineering for Wabtec. "Our collaboration positioned this locomotive as the ideal solution to maintain the subway system efficiently and reliably." The expanded agreement includes both locomotives and spare parts. Wabtec will build the R255s at its design and development center in Erie, PA, with deliveries scheduled to start in 2027. These state-of-the-art hybrid locomotives will replace aging equipment, offering enhanced reliability and operational efficiency while contributing to improved air quality across the network. The locomotives are a cornerstone of
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WAB
News
- Westinghouse Air Brake Technologies' (NYSE:WAB) 23% CAGR outpaced the company's earnings growth over the same five-year period [Yahoo! Finance]Yahoo! Finance
- Wabtec (NYSE:WAB) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Wabtec (NYSE:WAB) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Wabtec Stays On Track For A Strong 2026 [Seeking Alpha]Seeking Alpha
- Wabtec (NYSE:WAB) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating.MarketBeat
WAB
Earnings
- 10/22/25 - Beat
WAB
Sec Filings
- 1/7/26 - Form 4
- 12/19/25 - Form 4
- 12/17/25 - Form 144
- WAB's page on the SEC website