Welcome to our dedicated page for Wabtec news (Ticker: WAB), a resource for investors and traders seeking the latest updates and insights on Wabtec stock.
Wabtec Corporation (NYSE: WAB), also known as Westinghouse Air Brake Technologies Corporation, generates a steady stream of news related to its role in freight rail, passenger transit, and industrial markets. Company announcements highlight contracts, acquisitions, quarterly results, and technology initiatives that affect rail operators, mining companies, and other industrial customers.
Recent news has featured major locomotive and equipment orders, such as a multi-year agreement with Kazakhstan Temir Zholy for Evolution Series locomotives and long-term service support, described as the largest locomotive contract in Wabtec’s history. Another example is a follow-on order from New York’s Metropolitan Transportation Authority for R255 hybrid battery-diesel work locomotives, which are intended to support subway maintenance and enable battery-only operation in confined work zones.
Wabtec’s news flow also includes acquisition and portfolio updates. The company has announced the acquisition of Frauscher Sensor Technology Group, a provider of train detection, wayside object control solutions, and axle counting systems, and the completion of the acquisition of Evident Inspection Technologies, a business focused on non-destructive testing, remote visual inspection, and analytical instruments. These developments are presented as strengthening Wabtec’s Digital Intelligence and signaling capabilities.
Investors and analysts following WAB can also expect earnings releases, guidance updates, and dividend declarations. Quarterly results press releases discuss segment performance in Freight and Transit, backlog trends, margins, and adjusted metrics, while separate announcements describe regular quarterly common dividends. In addition, Wabtec appears in collaborative news, such as its role as a drive system supplier in a Cummins and Komatsu initiative to develop hybrid powertrains for heavy mining equipment.
By tracking Wabtec news on this page, readers can monitor developments in contracts, technology, acquisitions, financial performance, and capital allocation that shape the company’s position in the rail and industrial technology landscape.
Wabtec (NYSE: WAB) will report 2025 third quarter results before U.S. markets open on October 22, 2025. A conference call with analysts and investors is scheduled the same day at 8:30 a.m. ET. Investors can listen via webcast on Wabtec's investor relations page under Events & Presentations. An audio replay will be available by phone at 1-877-344-7529 or 1-412-317-0088 using access code 5713644.
Wabtec Corporation (NYSE: WAB) has secured a historic $4.2 billion locomotive contract with Kazakhstan's national railway, KTZ, marking the largest locomotive agreement in the company's history. The multi-year deal includes the delivery of Evolution Series locomotives and long-term service support.
The partnership aims to strengthen Kazakhstan's position as a crucial hub for the Middle Corridor between Europe and Asia. The new locomotives are specifically designed for Kazakhstan's challenging weather conditions and mountainous terrain, offering improved fuel efficiency and extended maintenance intervals.
The agreement includes maintenance services for both the new locomotives and KTZ's existing fleet, focusing on maximizing reliability and operational efficiency.
Cummins (NYSE: CMI) and Komatsu have signed a memorandum of understanding to jointly develop hybrid powertrains for surface mining heavy equipment. The collaboration, which includes Wabtec as a drive system supplier, aims to accelerate decarbonization in large mining haul truck applications.
The partnership leverages Cummins' recent acquisition of First Mode assets and builds upon their existing relationship in diesel engine supply. The hybrid solutions are expected to deliver double-digit fuel savings and improved productivity through faster cycle times. Initial First Mode retrofit kit pilots will be deployed in the coming months, with plans for full-scale commercialization well before 2030.
Wabtec (NYSE:WAB) reported strong Q2 2025 results with significant margin expansion and earnings growth. The company achieved adjusted EPS of $2.27, up 15.8% year-over-year, while sales grew 2.3% to $2.71 billion. Notable highlights include GAAP operating margin of 17.4% and adjusted operating margin improvement of 1.8 points to 21.1%.
The company's Transit segment showed robust performance with 8.7% sales growth, while Freight segment sales remained flat due to locomotive delivery delays. The 12-month backlog grew impressively by 11.9% to $8.21 billion. Based on strong first-half performance, M&A activities, and cost management, Wabtec raised its 2025 adjusted EPS guidance to $8.55-$9.15 and increased revenue guidance by $200 million to $10.925-$11.225 billion.
Wabtec Corporation (NYSE: WAB) has announced a quarterly dividend payment. The company's Board of Directors declared a regular quarterly dividend of $0.25 per share. The dividend will be paid on August 28, 2025, to shareholders who are recorded as holders on August 14, 2025.
Wabtec Corporation (NYSE: WAB) has announced a definitive agreement to acquire Frauscher Sensor Technology Group GmbH for an enterprise value of €675 million in cash. Frauscher, a global leader in train detection and railway signaling technologies, is expected to generate €145 million in revenue for 2025.
The acquisition will enhance Wabtec's Digital Intelligence portfolio and strengthen its presence in European and Indian markets. The deal is expected to be accretive to Adjusted EBIT margins, Adjusted EPS in the first year, and ROIC over time, with a 12.4x multiple of projected 2025 EBITDA after cost synergies.
Wabtec Corporation (NYSE: WAB) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before U.S. markets open on July 24, 2025, followed by an analyst and investor conference call at 8:30 a.m. ET.
Investors can access the webcast through Wabtec's website in the "Events & Presentations" section of Investor Relations. An audio replay will be available via phone at 1-877-344-7529 or 1-412-317-0088 using access code 1965240.
Wabtec Corporation (NYSE: WAB) has completed the acquisition of Evident's Inspection Technologies division for $1.78 billion ($1.68 billion after tax benefits). The acquisition significantly expands Wabtec's Digital Intelligence business, doubling its total addressable market from $8 billion to $16 billion.
The strategic purchase strengthens Wabtec's portfolio with advanced Non-Destructive Testing, Remote Visual Inspection, and Analytical Instruments solutions. The transaction was financed through a combination of cash, newly issued term notes, and borrowing under the Company's credit agreement.
The deal is expected to deliver high single-digit revenue growth and includes projected run-rate cost synergies of $25 million. The purchase price represents a multiple of 12.0x projected 2025 EBITDA. The acquisition is anticipated to be slightly accretive to Adjusted EPS in the second half of 2025.
Wabtec (NYSE: WAB) has priced a public offering of senior notes totaling $1.25 billion in two tranches: $500 million of 4.900% Senior Notes due 2030 and $750 million of 5.500% Senior Notes due 2035. The notes will be guaranteed by Wabtec's current and future subsidiaries that guarantee its credit agreements. The proceeds will be used for general corporate purposes, including repaying the outstanding 3.200% Senior Notes due June 15, 2025, and partially funding the acquisition of Evident Corporation's Inspection Technologies division.
The notes offering is expected to close on May 29, 2025, subject to customary conditions. BNP Paribas Securities, BofA Securities, HSBC Securities, and J.P. Morgan Securities are serving as joint book-running managers for the offering.