Research and Development Investment: Westinghouse Air Brake Technologies Corporation vs Allegion plc

R&D Investment Trends in Transportation and Security Sectors

__timestampAllegion plcWestinghouse Air Brake Technologies Corporation
Wednesday, January 1, 20144330000061886000
Thursday, January 1, 20154520000071213000
Friday, January 1, 20164730000071375000
Sunday, January 1, 20174830000095166000
Monday, January 1, 20185440000087450000
Tuesday, January 1, 201954700000209900000
Wednesday, January 1, 202054400000162100000
Friday, January 1, 202173300000176000000
Saturday, January 1, 202274500000209000000
Sunday, January 1, 2023101900000218000000
Monday, January 1, 20240206000000
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Infusing magic into the data realm

A Decade of Innovation: R&D Investments in the Transportation and Security Sectors

In the ever-evolving landscape of technology and innovation, research and development (R&D) investments are pivotal. Over the past decade, Westinghouse Air Brake Technologies Corporation and Allegion plc have demonstrated contrasting yet intriguing R&D strategies. From 2014 to 2023, Westinghouse Air Brake Technologies consistently outpaced Allegion in R&D spending, with a peak investment in 2023 that was over twice that of Allegion. This trend underscores Westinghouse's commitment to advancing transportation technologies, while Allegion's steady increase, culminating in a 135% rise by 2023, highlights its focus on security solutions. The data reveals a strategic divergence: Westinghouse's aggressive R&D approach versus Allegion's gradual yet consistent investment. As these companies continue to innovate, their R&D trajectories offer valuable insights into their future directions and the broader industry trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025