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Wabtec

Develops electric locomotives and digital solutions

Project Manager

Full-Time
$79.1k - $112.8k/yr
Expert
Bachelor's
Plattsburgh, NY, USA
HybridOccasional travel to the United States is required.
Project & Program ManagementProject Management

About the job

Requirements
  • A bachelor's degree in engineering or equivalent experience is required.
  • A minimum of 10 years of experience in project or program management is required.
  • A minimum of 5 years of experience in the manufacturing industry or rail transit is required.
  • Excellent knowledge of the Microsoft Office Suite and contract administration is required.
  • The ability to motivate and rally a team, share experience and expertise, and work collaboratively is required.
  • Leadership demonstrated through respect for others, openness, honesty, mentoring, positive influence, and flexibility is required.
  • Availability to travel to the United States occasionally is required.
  • A valid driver's license is required.
  • The candidate must be legally authorized to work in Canada.
  • Successful completion of a background check is required.
Responsibilities
  • Manage the overall performance of assigned contracts in terms of timely delivery, budget control, and compliance with contractual requirements.
  • Maintain sound relationships between customers and the stakeholders of each assigned project.
  • Provide customers and management teams with regular weekly and monthly project reports, risk registers, and key performance indicators.
  • Own the project plans.
  • Develop project documentation, including master schedules and project plans.
  • Develop project-specific schedules from the schedules of various departments, communicate project milestones, and help stakeholders understand critical paths.
  • Attain project goals and objectives through effective stakeholder relationships.
  • Ensure projects follow standard processes and progress through project stages on time and at the expected quality level.
  • Manage and control customer relationships through reporting, regular meetings, and conference calls.
  • Clarify the scope of work with internal teams before obtaining customer buy-in.
  • Explain and justify scope changes and ensure they are well defined with the customer.
  • Address customer dissatisfaction with teams and management, find solutions, and respect project scope, budget, and schedule.
  • Develop an effective communication plan for each project so stakeholders can share progress and issues, understand and address risks, respond to customer requests promptly, and share knowledge and expertise during problem-solving exercises.
  • Identify and quantify potential project risks, including impact, probability, costs, and mitigation measures, in collaboration with project teams.
  • Lead project reporting meetings with management to report progress, problems, improvement opportunities, risk status, action plans, needs, objectives, and financial status.
  • Manage project budget items effectively and ensure budget compliance with the project team.
  • Investigate schedule delays and variances, identify their causes, develop action plans to minimize impacts and prevent repeated delays, and implement permanent solutions.
  • Perform other duties outside the function or trade when requested, with training provided as necessary.

About the company

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's Take

What believers are saying

  • Q2 2026 sales reached $3.18 billion, and adjusted EPS rose 21.6%.
  • Management raised 2026 revenue guidance to $12.30 billion-$12.60 billion on July 22, 2026.
  • Multi-year backlog hit $30.93 billion, with 12-month backlog up 11.3% year over year.

What critics are saying

  • Progress Rail sued Wabtec in 2023; settlement on February 26, 2026 left breach claims history.
  • Wabtec’s premium valuation demands flawless execution after 17.5% Q2 2026 revenue growth.
  • Heavy debt-funded acquisitions, including Dellner and Frauscher, raise integration and return-risk through 2027.

What makes Wabtec unique

  • Wabtec bundles locomotives, signaling, and inspection through 2025-2026 acquisitions.
  • FLXdrive battery-electric locomotives and Forsee Power deepen Wabtec’s electrification edge.
  • Railroad incumbency plus $30.93 billion backlog locks in long-cycle customer relationships.

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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

30%

1 year growth

30%

2 year growth

30%
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%.