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Wabtec Acquires Collins Aerospace's ARINC Rail Solutions Business.

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Vincent

MANews-(C)2009-2022

US-based freight and transit rail supplier Wabtec Corp. (NYSE: WAB) has acquired US-based Collins Aerospace's ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions, the company said.

The financial terms of the acquisition were not disclosed.

ARINC's rail solutions business supports transit, regional, inter-city, commuter, subway, and light rail systems across the United States and Canada.

This includes dispatch and back-office capabilities with fully integrated train control and Positive Train Control, control center integration and customer information systems, as well as cybersecurity and life-cycle management solutions.

ARINC's RailwayNet product provides connectivity to the Interoperable Train Control Federated Network that supports PTC messaging, including full message functionality, back-office, and operations center services, system monitoring, and...

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