Wabtec Corp. has won a $22 million contract to provide its positive train control system for a Chicago-based railway.
The deal with Belt Railway Co. of Chicago includes Wabtec’s Interoperable Electronic Train Management System in place for five locomotives, along with systems integration and other services.
Belt Railway has about 292 miles of track. Positive train control, or PTC, helps reduce the number of train collisions.
Wabtec (NYSE: WAB), based in Wilmerding, is a leading provider of the…