{"id":888448,"date":"2025-09-22T14:11:05","date_gmt":"2025-09-22T18:11:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/"},"modified":"2025-09-22T14:11:05","modified_gmt":"2025-09-22T18:11:05","slug":"kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/","title":{"rendered":"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b><i>Order value represents the largest locomotive contract in company history<\/i><\/b><\/li>\n<li><b><i>Strengthens KTZ\u2019s role as a critical and reliable hub for the Middle Corridor<\/i><\/b><\/li>\n<li><b><i>Expands Wabtec\u2019s footprint serving the CIS and Eurasia regions<\/i><\/b><\/li>\n<\/ul>\n<p>PITTSBURGH&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec\u2019s history.<\/p>\n<p>\n\u201cFor over two decades, our partnership with KTZ has been critical in transforming Kazakhstan\u2019s rail industry,\u201d said Rafael Santana, President and CEO of Wabtec. \u201cThis historic agreement embodies KTZ\u2019s visionary approach for the country\u2019s 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\u2019s progress, helping to unlock the region\u2019s enormous potential and developing the engineering competencies in the country\u2019s railway industry.\u201d<\/p>\n<p>\nKazakhstan represents Wabtec\u2019s regional center of excellence, and this deal further enhances the partnership with KTZ strengthening the company\u2019s presence and leadership as a rail technology partner and innovator in the market. The new locomotives will enhance KTZ\u2019s ongoing rail expansion and fleet renewal and are designed to operate in the demanding weather conditions and mountainous terrain of Kazakhstan. Additionally, the next generation of Evolution Series locomotives will improve fuel efficiency and operate for longer periods between maintenance overhauls. The order also includes maintenance services agreements to support the new locomotives and KTZ\u2019s existing railroad fleet. The services are tailored to help maximize reliability and availability of KTZ\u2019s fleet at optimal operating costs.<\/p>\n<p>\n&#8220;Kazakhstan plays a key role in realizing the transit potential of the Eurasian continent,&#8221; said Talgat Aldybergenov, the CEO of National Railway Company of Kazakhstan Temir Zholy. &#8220;This new agreement confirms our commitment to advanced technologies in the transport sector and will also make a significant contribution to the development of industry and railway engineering in Kazakhstan.&#8221;<\/p>\n<p><b>About Wabtec<\/b><\/p>\n<p>\nWabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wabteccorp.com%2F&amp;esheet=54327624&amp;newsitemid=20250922167441&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.wabteccorp.com.&amp;index=1&amp;md5=642f8c86bc4011f6537a55a2f62fee64\"><b>http:\/\/www.wabteccorp.com<\/b>.<\/a><\/p>\n<p>\nInformation about Forward-Looking Statements<\/p>\n<p>\nThis press release contains \u201cforward-looking\u201d statements within the meaning of U.S. federal securities laws. Such forward-looking statements include statements regarding the implementation and impact of Wabtec\u2019s agreement with KTZ and performance and operating cost expectations. Such forward-looking statements are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, changes in general economic and\/or industry specific conditions, including the impacts of significant shifts in trade policies (including the imposition of tariffs and retaliatory tariff measures) as well as tax programs, inflation, supply chain disruptions, foreign currency exchange and industry consolidation and market reactions to these factors; unanticipated increases in manufacturing costs; changes in the financial condition or operating strategies of Wabtec\u2019s customers; and other risk factors, as detailed from time to time in Wabtec\u2019s reports filed with the Securities and Exchange Commission (SEC), including Wabtec\u2019s annual report on Form 10-K, periodic quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed with the SEC. Any forward-looking statements speak only as of the date of this communication. Wabtec does not undertake any obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250922167441r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250922167441\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250922167441\/en\/<\/a><\/span><\/p>\n<p><b>Wabtec Media Contact<br \/>\n<\/b><br \/>Tim Bader<br \/>\n<br \/>682-319-7925<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Tim.Bader@wabtec.com\">Tim.Bader@wabtec.com<\/a><\/p>\n<p><b>Wabtec Investor Relations Contact<br \/>\n<\/b><br \/>Kyra Yates<br \/>\n<br \/>817-349-2735<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Kyra.Yates@wabtec.com\">Kyra.Yates@wabtec.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Kazakhstan United States North America Asia Pacific Pennsylvania<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Other Transport Engineering Rail Public Transport Logistics\/Supply Chain Management Transport Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250922167441\/en\/2586760\/3\/Wabtec-Corporation.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order Order value represents the largest locomotive contract in company history Strengthens KTZ\u2019s role as a critical and reliable hub for the Middle Corridor Expands Wabtec\u2019s footprint serving the CIS and Eurasia regions PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec\u2019s history. \u201cFor over two decades, our partnership with KTZ has been critical in transforming Kazakhstan\u2019s rail industry,\u201d said Rafael Santana, President and CEO of Wabtec. \u201cThis historic agreement embodies KTZ\u2019s visionary approach for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-888448","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order Order value represents the largest locomotive contract in company history Strengthens KTZ\u2019s role as a critical and reliable hub for the Middle Corridor Expands Wabtec\u2019s footprint serving the CIS and Eurasia regions PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec\u2019s history. \u201cFor over two decades, our partnership with KTZ has been critical in transforming Kazakhstan\u2019s rail industry,\u201d said Rafael Santana, President and CEO of Wabtec. \u201cThis historic agreement embodies KTZ\u2019s visionary approach for &hellip; Continue reading &quot;Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-22T18:11:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250922167441r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order\",\"datePublished\":\"2025-09-22T18:11:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/\"},\"wordCount\":762,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250922167441r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\\\/\",\"name\":\"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order - 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The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec\u2019s history. \u201cFor over two decades, our partnership with KTZ has been critical in transforming Kazakhstan\u2019s rail industry,\u201d said Rafael Santana, President and CEO of Wabtec. \u201cThis historic agreement embodies KTZ\u2019s visionary approach for &hellip; Continue reading \"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/","og_site_name":"Market Newsdesk","article_published_time":"2025-09-22T18:11:05+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250922167441r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order","datePublished":"2025-09-22T18:11:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/"},"wordCount":762,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250922167441r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kazakhstan-awards-wabtec-a-4-2-billion-locomotive-order\/","name":"Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order - 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