Westinghouse Air Brake Technologies Corporation WAB

NYSE Producer manufacturing USD

Westinghouse Air Brake Technologies Corporation (Wabtec) is a global provider of equipment, systems, and services for the rail transportation industry. The company operates through two primary segments: Freight and Transit. The Freight segment focuses on manufacturing and servicing components, equipment, and digital solutions for freight rail, including locomotives, rail cars, and related subsystems. The Transit segment provides similar products and services for passenger rail, including urban transit, commuter rail, and locomotives. Wabtec serves a diverse customer base of railroads, transit authorities, and industrial companies worldwide, generating revenue through the sale of goods and long-term service contracts. Its business model combines original equipment manufacturing with a significant aftermarket services and parts business, creating recurring revenue streams through maintenance, modernization, and digital intelligence solutions.