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Wabtec Kicks Off 2026 With $386 Million Order From New York's MTA
ZACKS· 2026-01-08 23:45
Key Takeaways Wabtec secured a $386M follow-on contract from New York's MTA for additional R255 hybrid locomotives.WAB will build units in Erie, PA, with deliveries starting in 2027 and covering locomotives and spare parts.The R255 hybrids run emission-free on battery in tunnels, improving reliability, efficiency and air quality.Wabtec Corporation (WAB)  is entering 2026 on a solid note, given that it has secured its latest $386 million follow-on order from New York’s Metropolitan Transportation Authority ( ...