URS Corporation is an engineering, design and construction firm and a U.S. federal government contractor. Headquartered in San Francisko, California, URS is a full-service, global organization with offices located in the Americas, Europe, Africa and Asia-Pacific.As of March 2012, the firm had more than 46,000 employees worldwide, in nearly 50 countries.With the acquisition of Washington Group International, URS was able to obtain Fortune 500 status for the first time in 2008 with a rank of 449, up from 505 the previous year.Since appearing on the Fortune 500 list URS has continued to climb, in 2009 URS climbed 185 places to 264, and to 252 in 2010.
In 1996, URS acquired Greiner Engineering for $73.5 million.Greiner Engineering had been established in 1908 by John E. Greiner. Greiner was a former engineer for the Baltimore and Ohio Railroad and worked at one time for Gustav Lindenthal, including on the Seventh Street Bridge.The Woodward-Clyde Group joined URS in 1997, bringing additional environmental capabilities and a broader international presence to the organization.When Dames & Moore Group joined in 1999, URS further strengthened its program and construction management expertise and added to its FORTUNE 500 client base.
In 2002, URS acquired EG&G Technical Services, positioning the company as a leading U.S. federal services contractor.
In November 2007, URS acquired Washington Group International for $3.1B and currently operates it as the "Energy and Construction Division".
On June 12, 2009, URS Chief Executive Officer Martin Koffel indicated the company is still on the hunt for "transformative acquisitions". An analyst with Gabelli & Co. stated that KBR, Chicago Bridge & Iron Company, and Foster Wheeler AG may be possible takeover targets.
On September 10, 2010, URS completed its acquisition of the British engineering firm Scott Wilson Group.
On June 2, 2011, URS completed its acquisition of Apptis Holdings, Inc. for a purchase price of $260 million in cash.
URS announced its acquisition of Flint Energy Services, a provider of construction services in the oil and gas industry, based in Calgary, Alberta, on February 20, 2012.
Net income $ 400 million (2012)
Operating income 600 million (2012)
Total assets $ 7.04 billion (2012)