Russ Stepp, R.W. Beck Federal megacontractor Science Applications International Corp. (SAIC) has taken another step into the infrastructure, energy and emergency-response marketplace with its plan to acquire Seattle engineer R.W. Beck Group Inc. The transaction, announced on July 6, is to close in August. Its value was not disclosed. SAIC, based in San Diego and McLean, Va., is the seventh-largest federal prime contractor, according to Washington Technology, a trade publication. It has 45,000 employees and reported $10.1 billion in revenue for its latest fiscal year ending in January. R.W. Beck has 550 employees and ranks 113th on ENR’s list of
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.