March 24, 2010 (FinancialWire) — Wabtec Corp. (NYSE: WAB) said that its Wabtec Rail subsidiary in Doncaster, England has been awarded a $26 million contract to overhaul 286 transit cars for Angel Trains. The project is expected to run through 2014.

The company said the trains are currently leased by Angels Trains to London South Eastern Railway. The work will be performed at Wabtec Rail's facility in Doncaster.

Wabtec Rail is a railway rolling stock engineering firm providing overhaul and refurbishment of passenger and freight vehicles for the UK train operators and rolling stock leasing companies.

Pennsylvania-based Wabtec is a provider of products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles.

The company also builds new switcher and commuter locomotives, and provides aftermarket services.

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