Wabtec Secures Systems and Software Deal with ARTC to Support the Interoperability of Australia’s National Rail Network
Westinghouse Air Brake Technologies Corporation (WAB)
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Source: Business Wire
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a digital solutions agreement with Australian Rail Track Corporation (ARTC). The two companies will collaborate on developing one of the few approaches being considered to address interoperability of rail systems in Australia.The company will investigate the capabilities of ARTC’s Advanced Train Management System (ATMS) solution. Wabtec will develop the interoperability standard between ATMS and European Rail Traffic Management System (ETCS) Level 2. ARTC and Wabtec will work together with the relevant stakeholders to outline the concept of operations and define the standards to realize the interoperability solution.“ARTC recognizes the complex challenge of solving interoperability, and we are pursuing multiple pathways to find a feasible solution that will help to make rail safer and more competitive across Australia. We are excited to partner with Wabtec to actively pursue one of the options,” said Wayne
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Sec Filings
- 4/29/24 - Form 144
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- WAB's page on the SEC website