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Press Release
  • WABTEC DECLARES REGULAR QUARTERLY COMMON DIVIDEND

    05/31/2019

    WILMERDING, PA – May 31, 2019: Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 23, 2019 to holders of record as of August 9, 2019.

    Raymond T. Betler, Wabtec’s president and chief executive officer, said: “We continue to deliver strong performance across our robust portfolio, remain confident in the future of the company and our commitment to returning value to our shareholders.”

  • Wabtec Selected to Provide PTC System Integration for New Mexico Rail Runner Express

    05/23/2019

    WILMERDING, Pa., May 23, 2019 – Wabtec (NYSE: WAB) was selected to implement the Positive Train Control (PTC) system for the New Mexico Rail Runner Express (NMRX), in an order worth $55 million. Building on ongoing design work, Wabtec will provide full system integration for deployment of PTC on NMRX’s full fleet of 18 locomotives/cab cars and nearly 100 miles of track extending from Belen to Santa Fe.

    “Wabtec is pleased to support NMRX’s deployment of PTC,” said Rajendra Jadhav, President, Wabtec Electronics.  “With 22,000 locomotives and cab cars across the United States equipped with…