Wabtec (WAB) Reports Acquisition of Nordco
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Wabtec (WAB) Wins Significant Order for London Underground
March 22, 2021 6:11 AM EDTWabtec Corporation (NYSE: WAB) secured an order to supply Siemens Mobility with several products for the London Undergrounds Piccadilly Upgrade Program. The deal, valued at more than $70 million, is for brakes, air conditioning and ventilation (HVAC), passenger information systems, and third-rail current collectors.
London Underground is one of the worlds busiest transit systems with millions of passenger journeys per day. As such, it requires the most reliable and efficient solutions to deliver the expected flawless transport for Londoners, said Lilian Leroux, President of Wabtecs Transit business. These orders build upon our long-standing... More
