8-K

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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                       ----------------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                        Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported):  September 15, 1997

                       WESTINGHOUSE ELECTRIC CORPORATION
                       ---------------------------------
                          (Exact name of registrant as
                           specified in its charter)

      Pennsylvania                     1-977                    25-0877540
      ------------                     -----                    ----------
(State or other juris-            (Commission File             (IRS Employer
 diction of incorporation)             Number)                 Identification
                                                                   Number)

Westinghouse Bldg.; 11 Stanwix St., Pittsburgh, PA.            15222-1384
- ---------------------------------------------------            ----------
(Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code: (412) 244-2000
                                                    --------------

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Item 5. OTHER EVENTS

                On September 15, 1997, the Registrant issued a press release
announcing an agreement to sell Thermo King, its transport temperature control
business. A copy of the press release is attached hereto as Exhibit 99 and is
incorporated herein.

Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

                (c) Exhibits

                Press Release issued by the Registrant on September 15, 1997,
is filed as Exhibit 99 to this Report.

                                   SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          WESTINGHOUSE ELECTRIC CORPORATION
                                                     (Registrant)

                                          By: /s/LOUIS J. BRISKMAN
                                             ---------------------
                                             Louis J. Briskman
                                             Senior Vice President and
                                             General Counsel

Date: September 15, 1997

EX-99

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                                          Westinghouse Electric Corporation

                                          Westinghouse Building, Gateway Center
                                          Pittsburgh, Pennsylvania 15222


                                          Contact:  Jack Bergen
                                          Telephone: (212) 975-3835


                               FOR USE: Immediate

               WESTINGHOUSE TO SELL THERMO KING TO INGERSOLL-RAND

        Westinghouse Electric Corporation (NYSE:WX) announced today that it has 
signed a definitive agreement to sell Thermo King, its transport temperature 
control business, to the Ingersoll-Rand Company (NYSE:IR). Under the agreement, 
Westinghouse will receive $2.56 billion in cash.

        The transaction also includes the assumption of approximately $40 
million in pension liabilities associated with Thermo King's employees and is 
expected to close in the fourth quarter of 1997 upon receipt of normal 
regulatory approvals.

        Thermo King is the world leader in transport temperature control, with 
a network of over 850 dealers worldwide. In 1996, it had sales of $996 million, 
operating profit of $180 million and income of $141 million.

        Michael H. Jordan, Chairman and Chief Executive Officer of 
Westinghouse, said: "We had tremendous interest from major industrial companies 
in acquiring Thermo King. The terms of this sale reflect the premium value of a 
global market leader and the proven track record of Thermo King's outstanding 
management team and employees. We believe this transaction optimizes the value 
of Thermo King for our shareholders."

        Anticipating the separation of Westinghouse's media and power 
businesses scheduled for this Fall, Mr. Jordan said: "The divestiture of Thermo 
King is another important step towards our goal of separation. It not only 
provides a great value but significantly improves our financial flexibility."

        Summarizing the results of the transformation of Westinghouse, Mr. 
Jordan said: "Beginning with the acquisition of CBS Inc. almost two years ago, 
followed quickly by the merger with Infinity Broadcasting and the impending 
acquisition of the Nashville Network and Country Music Television, our goal has 
been to create the largest pure-play media company. The new CBS Corporation 
will emerge in the next few months with the opportunity to sustain high-growth, 
generating significant free-cash flow and be well positioned as a major leader 
in the broadcasting industry."