Full-Time

Project Manager

New Product Development

Wabtec

Wabtec

10,001+ employees

Develops electric locomotives and digital solutions

Compensation Overview

$91.1k - $129.8k/yr

+ Performance Bonus

Wheeling, IL, USA

In Person

On-site in Buffalo Grove, IL. Relocation assistance may be provided.

Bachelor's, Master's

Category
Business & Strategy (1)
Required Skills
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

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Requirements
  • Bachelor’s degree in engineering (ABET accredited)
  • 8+ years of relevant experience in project management, engineering, & manufacturing
  • Proven track record of delivering projects on time, in budget, meeting quality targets
  • Well versed in effective use of PM tools including Scopes, Work Breakdown Structures, Timelines, Budgets, Risk Matrices, Organization Charts/RACI’s, Presentations
  • Strong detailed planning, tracking, problem-solving, and decision-making abilities
  • Effective leadership with the ability to motivate and coordinate cross-functional groups
  • The ability to present to outside customers and all levels of the organization
  • Strong working knowledge of NPD Stage Gate and related tools/standards
  • Proficient in Microsoft Project or Smartsheet, Excel, and PowerPoint
Responsibilities
  • Manage projects from clean sheet through implementation and after care
  • Coordinate the efforts of cross-functional teams, including engineering, manufacturing, sales, quality, finance, and other supporting departments, potentially international
  • Develop and maintain comprehensive project plans, including detailed timelines, resource allocations, and risk mitigation strategies
  • Facilitate regular project status meetings to monitor progress, identify and resolve issues, and communicate updates to stakeholders
  • Establish and maintain strong working relationships with internal and external partners
  • Develop & manage project budgets to ensure projects remain on target
  • Identify and escalate project risks and roadblocks, proposing solutions to keep on track
  • Maintain change management processes to address scope changes and new requirements
  • Identify lessons learned and best practices to continuously improve project delivery
  • Execute and assist in improvement of APQP and R&D/NPD process
  • Help guide via expertise in the engineering and manufacturing arena’s
Desired Qualifications
  • Master’s degree, PMP, or equivalent project management certification
  • The following Competencies: Customer Orientation, Group Leadership, Planning and Organizing, Delegation, Management Control, Results Orientation, Initiative, Oral Communication, Written Communication, Adaptability, Judgement, Integrity
  • Proficiency in Microsoft Project or Smartsheet, Excel, and PowerPoint could be considered desirable if not already required

Wabtec provides transportation solutions by designing and producing electric locomotives and related services for freight railroads, transit authorities, and industrial operators. Its flagship product, the FLXdrive, is a 100% battery-electric locomotive with a battery pack over 7 megawatt-hours that cuts fuel use and emissions, while the company also sells traditional locomotives, aftermarket services, and digital solutions to optimize operations. Wabtec differentiates itself through a fully electric propulsion option paired with value-added digital tools and manufacturing techniques like mixed-reality work processes, aiming to improve efficiency and sustainability across rail networks. The company’s goal is to make rail transport more efficient and eco-friendly by delivering reliable locomotives, ongoing maintenance, and advanced software and digital capabilities that help customers run greener, lower-cost operations.

Company Size

10,001+

Company Stage

IPO

Headquarters

Pittsburgh, Pennsylvania

Founded

1872

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 sales hit $3.18 billion, up 17.5%, with adjusted EPS $2.76.
  • Wabtec lifted 2026 revenue guidance to $12.30-$12.60 billion on July 22.
  • Forsee Power partnership deepens battery supply for freight and passenger electrification.

What critics are saying

  • Progress Rail settled antitrust litigation on February 26, 2026, leaving legal costs unresolved.
  • Doncaster's 2026 closure plan threatens 300 UK rail jobs and customer relationships.
  • Management said 8.5% of Q2 growth came from acquisitions; integration failures turn existential by 2027.

What makes Wabtec unique

  • Wabtec's $30.93 billion backlog gives unmatched rail visibility through 2028.
  • FLXdrive and MTA R255 anchor Wabtec's battery-electric locomotive leadership.
  • Inspection Technologies expands Digital Intelligence into higher-margin rail, mining, and industrial sensing.

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Benefits

Health Insurance

401(k) Retirement Plan

Performance Bonus

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

29%

1 year growth

29%

2 year growth

29%
Yahoo Finance
Jul 23rd, 2026
Wabtec stock trades at premium valuation despite $30B order backlog and rail business headwinds

Westinghouse Air Brake Technologies (Wabtec) has surged 39% over the past year, trading at the top of its 52-week range following 17.5% sales growth and an increased forecast. The rail technology manufacturer now holds a multi-year order backlog exceeding $30 billion. However, investors face a steep premium. The stock trades at a price-to-earnings ratio of 35.1, well above the S&P 500's 24.3. Price-to-sales and price-to-operating-cash-flow multiples also exceed market averages at 3.7 and 22.3 respectively. Revenue has grown 10.2% annually over three years, outpacing the S&P 500's 5.9%. The 12-month backlog rose 11% whilst the multi-year backlog jumped 42%. Debt stands at a manageable 14.7% of market value. Operating cash flow reached approximately $2 billion over the past twelve months.

Yahoo Finance
Jul 22nd, 2026
Wabtec beats Q2 estimates with $2.76 EPS as revenues hit $3.18B

Westinghouse Air Brake Technologies reported second-quarter earnings of $2.76 per share, surpassing the Zacks Consensus Estimate of $2.63 per share. This represents a 4.94% earnings surprise and compares to $2.27 per share a year ago. The locomotive, subway, and bus parts maker posted revenues of $3.18 billion for the quarter ended June 2026, exceeding estimates by 3.20%. This compares to year-ago revenues of $2.71 billion. The company has topped consensus estimates for both earnings and revenue in each of the last four quarters. Wabtec shares have risen 23.5% year-to-date, outpacing the S&P 500's 9.7% gain. The stock currently holds a Zacks Rank #2 (Buy) rating.

Yahoo Finance
Jul 15th, 2026
Wabtec to report Q2 2026 earnings on 22 July, sales expected to reach $3.08B

Westinghouse Air Brake Technologies, operating as Wabtec Corporation, is set to report second-quarter 2026 results on 22 July before market open. The Zacks Consensus Estimate for earnings stands at $2.63 per share, representing a 15.9% increase from the year-ago period. Revenue is expected to reach $3.08 billion, up 13.8% year over year. Wabtec has beaten earnings estimates in each of the past four quarters, delivering an average surprise of 3.97%. However, the company's second-quarter performance may face headwinds from higher operating expenses, geopolitical tensions in the Middle East, and supply-chain disruptions. Offsetting these challenges, stronger demand for services and components across aftermarket and OEM channels is expected to support top-line growth. Freight revenues are forecast at $2.19 billion, whilst Transit revenues are projected at $839.37 million.

Yahoo Finance
Jun 15th, 2026
Forsee Power and Wabtec team up to electrify locomotives with advanced battery tech

Forsee Power, a smart battery systems specialist, has signed a Memorandum of Understanding with Wabtec to integrate advanced battery systems into battery-electric locomotive platforms. Wabtec, which unveiled the world's first battery-electric freight locomotive in 2021, will collaborate with Forsee Power to enhance performance and reliability whilst optimising costs. Forsee Power's PULSE PLUS RAIL battery system, built on Toshiba's latest-generation LTO cells, offers up to 20 years lifespan, high-power output and voltage range up to 1,500 VDC. The system features advanced liquid thermal management for extreme temperatures and meets the highest safety standards. The partnership leverages Forsee Power's industrial presence in Ohio for Buy America compliance. The electrical architecture suits both freight and passenger rail applications, with potential expansion into mining trucks.

Yahoo Finance
Jun 1st, 2026
Wabtec tops heavy transportation equipment Q1 earnings with $2.95B revenue, up 13% YoY

Wabtec reported Q1 revenues of $2.95 billion, up 13% year on year, meeting analysts' expectations. The railway equipment and systems provider delivered mixed results overall, beating EBITDA estimates but missing organic revenue projections. CEO Rafael Santana highlighted strong execution across the company's businesses, driving double-digit sales and adjusted earnings per share growth. The stock has risen 1.4% since reporting, currently trading at $261.22. Across the heavy transportation equipment sector, the 12 tracked stocks reported satisfactory Q1 results, with revenues and forward guidance broadly aligned with consensus estimates. However, share prices have declined 2.3% on average since earnings announcements. Douglas Dynamics delivered the sector's standout performance, with revenues of $137.8 million exceeding expectations by 3.4%.