Wabtec Secures Approximately $390 Million Services Agreement with Transnet Engineering
Business Wire•02/11/2026•07:00 ET
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Key Highlights
- ➤Wabtec (WAB) secured an approximately $390 million long-term services agreement.
- ➤Transnet’s Class D43 and D44 locomotives will receive components, technical expertise and predictive maintenance.
- ➤Expert-on-Alert™ digital monitoring aims to improve locomotive availability and maintenance turnaround times.
- ➤Agreement includes technical collaboration, knowledge transfer and localization initiatives in South Africa.
Expert Statements
Bessie Mabunda, Chief Executive of Transnet Engineering
“This agreement supports our Reinvent for Growth strategy and represents an important step in improving the performance of our locomotive fleet.”
Bessie Mabunda, Chief Executive of Transnet Engineering
“The D43 and D44 locomotives serve critical freight corridors that move export commodities, containers and general freight across South Africa. Strengthening their reliability and availability will help improve service delivery, support freight recovery and enhance the country's logistics competitiveness.”
Sameer Gaur, President of Wabtec's Global Freight Services
“Transnet is making strategic investments to strengthen the reliability, efficiency and long-term performance of its rail network.”
Sameer Gaur, President of Wabtec's Global Freight Services
“This MTSA builds on our shared commitment to improving fleet availability, enhancing customer confidence and creating a more competitive freight logistics network that supports trade and industrialization.”
Wabtec Secures Approximately $390 Million Services Agreement with Transnet Engineering
* Material and Technical Support Agreement to enhance locomotive fleet performance
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