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Wabco gets supply contract with Russia's Kamaz
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WASHINGTON - Wabco Holdings Inc., which makes safety and control systems for commercial vehicles, said Tuesday it received a contract to supply antilock braking systems to Russian vehicle maker Kamaz.
Terms of the deal were not disclosed.
The Hartford, Conn.-based company will also supply air disc brakes and actuators for the company's commercial vehicles. Kamaz is the largest manufacturer of heavy duty trucks, buses and trailers in Russia.
The Russian manufacturer has had a relationship with Wabco since 1992.
Shares of Wabco fell 60 cents, or 3.5 percent, to $16.34 in midday trading.
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