Wabtec Signs Contract Worth $40 Million To Provide PTC Equipment/Services For SFRTA
May 18 2017 - 8:26AM
Wabtec Corporation (NYSE:WAB) has signed a contract worth about $40
million to design, install, test and commission Positive Train
Control (PTC) for the South Florida Regional Transportation
Authority (SFRTA), which operates the Tri-Rail commuter rail
service.
Under the contract, Wabtec will provide its Interoperable
Electronic Train Management System (I-ETMS®) equipment for 42
locomotives and cab cars, a back-office server, wayside
communications and signals, a dispatch system, training, and system
integration. Installation is expected to be completed by the
end of 2018.
Raymond T. Betler, Wabtec’s president and chief executive
officer, said: “The scope of our work on this project
demonstrates the wide-ranging roles that Wabtec can play in the
implementation of PTC for our customers. We are continuing to
invest worldwide in this important segment of our business.”
Tri-Rail operates more than 70 miles of track along the east
coast of Florida between Mangonia Park and the Miami Intermodal
Center. SFRTA’s PTC system will be fully interoperable with
the system being implemented by all Class 1 railroads.
Wabtec Corporation (www.wabtec.com) is a leading global provider
of equipment, systems and value-added services for transit and
freight rail. Through its subsidiaries, the company
manufactures a range of products for locomotives, freight cars and
passenger transit vehicles. The company also builds new switcher
and commuter locomotives, and provides aftermarket services. The
company has facilities located throughout the world.
Contact:
Tim Wesley
Phone: 412.825.1543
E-mail: twesley@wabtec.com
Website: www.wabtec.com
Wabtec Corporation
1001 Air Brake Avenue
Wilmerding, PA 15148
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