R. W. Beck signs agreement to join SAIC


Russ Stepp,
President & CEO,
R.W. Beck
Denver, CO, U.S.A. — (METERING.COM) — July 7, 2009 – R. W. Beck Group, Inc. has signed a definitive agreement to be acquired by Science Applications International Corporation (SAIC), a FORTUNE 500® company serving customers in national security, energy and the environment, critical infrastructure and health markets, pending shareholder approval.

“With the development and rehabilitation of many aspects of our nation’s infrastructure becoming increasingly critical, and the ongoing threat of natural and man-made disasters, both SAIC and R. W. Beck leadership believe that combining the capabilities of the two companies will produce results of significant benefit to our clients and overall business,” said Russ Stepp, president and chief executive officer of R.W. Beck. “The leading edge technologies, services and expertise we bring will enable the development of more robust solutions for current and future clients.”

R. W. Beck will join SAIC’s Infrastructure, Logistics and Product Solutions Group led by Group president Joe Craver. The Group, one of four at SAIC, provides technical and engineering solutions including all hazards preparedness and logistics, energy management services, and environmental support. R. W. Beck’s core consulting and engineering organization will join the Group’s Energy, Environment, and Infrastructure business unit led by J.T. Grumski to combine synergies in environmental services, including water, wastewater, and solid waste management; energy management and grid technology, infrastructure planning and design build; and capital program management.

In June 2007 R. W. Beck acquired AMI, smart grid and “customer systems technologies” consultants Plexus Research, which remains fully intact within the company. In January 2009 R. W. Beck also acquired water utility consultants Cognyst Consulting.

The acquisition is expected to close at the beginning of August 2009.