“And in transportation, we anticipate full-year growth in rail services and locomotive deliveries.”

In context

“r first quarter 2026 backlog. We expect to deliver the generator starting in late 2026 through 2027. This exciting announcement is one of four orders we've booked with at least one gigawatt of Caterpillar equipment for data center prime power. After reaching record levels in 2025, oil and gas is expected to see moderate growth in 2026. Reciprocating engine sales are expected to increase driven by strong demand in gas compression applications. Solar turbines oil and gas backlog remains healthy with continued solar oil solid order and inquiry activity. And as a result, we expect another year of strong turbine sales comparable to our record 2025 performance. Demand for products in industrial applications is expected to grow moderately in 2026, as we see continued recovery from previous lows. And in transportation, we anticipate full-year growth in rail services and locomotive deliveries. I'll close on slide seven with an update on our strategy. Since our Investor Day in November, the Executive Leadership Team and I have engaged our employees and dealers around the globe to launch our refreshed enterprise strategy for profitable growth. Our mission statement, solving our customers' toughest challenges, is creating strong alignment around keeping customer needs at the center of everything we do. The strategy is centered on three pillars for profitable growth: commercial excellence, being the advanced technology leader, transforming how we work, all built upon a foundation of continued operational excellence. I look forward to advancing the strategy with regional leaders and dealers throughout 2026. And finally, we were excited to kick off the year with a showcase and keynot”