Wabtec Acquires Collins Aerospace’S Arinc Rail Solutions Business To Extend Rail Optimization Portfolio
Acquiring Company
Westinghouse Air Brake Technologies
Acquired Company
Collins Aerospace (RTX Corporation)
PittsburghCharlotteManufacturingTransportationManufacturingSoftwareScience And EngineeringGovernment And MilitaryDescription
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace’s ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions. The financial terms of the acquisition were not disclosed.
Quick answer
Westinghouse Air Brake Technologies is acquiring Collins Aerospace (RTX Corporation), announced June 16, 2022. Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States.
- How much did Westinghouse Air Brake Technologies pay for Collins Aerospace (RTX Corporation)?
- The deal value was not disclosed.
- What does Westinghouse Air Brake Technologies do?
- Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles.
- Where are Westinghouse Air Brake Technologies and Collins Aerospace (RTX Corporation) based?
- Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States. Collins Aerospace (RTX Corporation) is based in Charlotte, North Carolina, United States.
- Who are the decision-makers at Westinghouse Air Brake Technologies?
- Fundz holds 4 contacts at Westinghouse Air Brake Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Westinghouse Air Brake Technologies, and when
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Frequently asked
Who acquired Collins Aerospace (RTX Corporation)?
Collins Aerospace (RTX Corporation) was acquired by Westinghouse Air Brake Technologies, based in Pittsburgh. The deal was reported on June 16, 2022. Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles. Westinghouse Air Brake Technologies is publicly traded (WAB) and operates in Manufacturing.
When did Westinghouse Air Brake Technologies acquire Collins Aerospace (RTX Corporation)?
Westinghouse Air Brake Technologies's acquisition of Collins Aerospace (RTX Corporation) was reported on June 16, 2022. Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace’s ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Collins Aerospace (RTX Corporation) do?
Collins Aerospace, a division of RTX Corporation, provides aerospace and defense products and services. It is known for its advanced technologies in avionics, communication systems, and aerospace components. It is privately held, operating in Manufacturing, and is based in Charlotte.
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