Wabtec awarded $4.2B locomotive order from Kazakhstan

Wabtec (WAB) Corporation announced a landmark agreement with National Company Kazakhstan Temir Zholy, the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2B, marks the largest locomotive agreement in Wabtec’s history. “For over two decades, our partnership with KTZ has been critical in transforming Kazakhstan’s rail industry,” said Rafael Santana, President and CEO of Wabtec. “This historic agreement embodies KTZ’s visionary approach for the country’s rail network as the primary link between Europe and Asia. By delivering advanced locomotives and long-term service solutions, Wabtec is a proud partner in Kazakhstan’s progress, helping to unlock the region’s enormous potential and developing the engineering competencies in the country’s railway industry.”