<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM WESTINGHOUSE AIR BRAKE COMPANY'S CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 6,487 <SECURITIES> 0 <RECEIVABLES> 127,964 <ALLOWANCES> 0 <INVENTORY> 111,444 <CURRENT-ASSETS> 268,505 <PP&E> 229,987 <DEPRECIATION> 99,502 <TOTAL-ASSETS> 606,442 <CURRENT-LIABILITIES> 158,112 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 474 <OTHER-SE> (2,968) <TOTAL-LIABILITY-AND-EQUITY> 606,442 <SALES> 385,185 <TOTAL-REVENUES> 385,185 <CGS> 260,308 <TOTAL-COSTS> 260,308 <OTHER-EXPENSES> 65,733 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,864 <INCOME-PRETAX> 40,800 <INCOME-TAX> 15,198 <INCOME-CONTINUING> 25,602 <DISCONTINUED> 0 <EXTRAORDINARY> (469) <CHANGES> 0 <NET-INCOME> 25,133 <EPS-BASIC> .99 <EPS-DILUTED> .97