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Wabtec To Supply Siemens Mobility With Products For London Underground's Piccadilly Upgrade Program

Wabtec Corp. (WAB) said the company has secured an order, valued at more than $70 million, to supply Siemens Mobility with several products for the London Underground's Piccadilly Upgrade Program. The order is for brakes, air conditioning and ventilation, passenger information systems, and third-rail current collectors. The company will supply the components for 94 new trains as an initial order. The trains will be equipped with Wabtec's third-rail current collectors.

The Piccadilly Upgrade Program aims to replace the aging rolling stock, signaling and control systems across four lines.

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