Wabtec Corporation (WAB) continues its strong performance in various sectors, issuing a
$0.25 quarterly dividend yield of 0.5%. WAB stock is also coming up for Q4 earnings, drawing significant interest from analysts regarding key metrics. The company recently announced its acquisition of
Evident’s Inspection Technologies Division in a strategic expansion, further bolstering its impressive portfolio. This comes alongside a major agreement with
French Railways Giant SNCF adopting Wabtec's AI-powered train inspection technology and an order from SNCF Voyageurs for Wabtec’s KinetiX Inspection Technologies.Additional achievements include securing a
$248 million locomotive order from Winning Consortium, a $1.78 billion acquisition of Evident's inspection technologies unit and signing a services agreement worth R$1.8B with Vale. Wabtec has also renewed its locomotive services agreement at the Gandhidham, India Site while expanding locomotive services Capabilities in India through the Gooty Maintenance Shed. Furthermore, the firm has been awarded high scores on the
Disability Equality Index. Looking forward, the acquisition of Bloom Engineering and the launch of New Manufacturing Campus in Rohtak India and the implementation of advanced collision avoidance system at Glencore highlights Wabtec’s continued innovative drive in their approach.
Wabtec WAB News Analytics from Fri, 06 Aug 2021 07:00:00 GMT to Fri, 07 Feb 2025 21:50:57 GMT -
Rating 8
- Innovation 5
- Rumor 3
