Wabtec

Wabtec has secured a US$69.63 million order for platform gates to support the Marseille NEOMMA Metro Automation Project in France.

Supply Side: Wabtec, Siemens Mobility, BAI

Wabtec Corp. has been awarded a US$69.63 million (€60 million) contract to supply platform gates for the Marseille metro automation project in France. In addition, Siemens Mobility and BAI Communications (BAI) have finalized their acquisitions of Sqills, a Netherlands-based passenger rail software provider, and Mobilitie, a U.S. telecommunications infrastructure company, respectively.

Supplier Innovations Virtual Event Series 2021

Railway Age and Railway Track & Structures are celebrating rail innovations in September. On Sept. 15, 22 and 29, we will host virtual events showcasing new products and innovations that impact the maintenance-of-way and rail industries.

“Our team delivered strong execution in the second quarter and strengthened our financial position, despite severe disruption in India stemming from the pandemic, continued challenges in our OE end-markets and inflationary pressures globally,” Wabtec’s President and CEO Rafael Santana said during a second-quarter 2021 earnings report on July 29.

Wabtec 2Q21: ‘All-Around Beat, Backlog Grows’

Despite continued market challenges, Wabtec Corp. “strengthened” its financial position in second-quarter 2021, growing its 12-month backlog—“the highest since second-quarter 2019”—and posting a “year-to-date book-to-bill above 1.0,” the company reported.