WILMERDING, Pennsylvania, Feb. 4 [Category: BizTransportation] -- Wabtec, a provider of technology-based products and services for rail and industrial markets, issued the following news release:

* * *

Union Pacific and Wabtec Sign $1.2B Deal to Modernize Locomotives

*

* Largest locomotive modernization agreement in rail industry history

* Upgrades to significantly improve operational efficiency and fleet productivity