Science Applications International Corp. (SAIC) has purchased R.W. Beck Group, a Seattle engineering and infrastructure firm with 550 employees. The firm was founded in 1942 and had revenue in excess of $110 million last year, up 4 percent from 2007. The company operates 27 offices nationwide and one in Singapore. R.W. Beck’s customers include utilities, government entities, financial institutions and other commercial customers. The acquisition agreement includes Beck Disaster Recovery, an emergency management consulting firm which R. W. Beck is the majority owner.
Russ Stepp, president and CEO of R.W. Beck, said in a statement that the acquisition comes at a time when “the development and rehabilitation of many aspects of our nation’s infrastructure (is) becoming increasingly critical.” Terms were not disclosed and the deal is expected to close in early August.
