Topic: How To Invest

As an employee of URS Corporation, we have an employee stock purchase plan that includes a 5% discount on purchasing company shares. Do you have any recommendations regarding purchasing URS? Thanks.

Article Excerpt

URS Corp., $41.93, symbol URS on New York, (Shares outstanding: 83.5 million; Market cap: $3.5 billion) is one of the largest engineering-design services firms worldwide. The San Francisco-based company is also a major U.S. federal government contractor for systems engineering and technical assistance as well as operations and maintenance services. URS (formerly United Research Services) is organized into three divisions. i) The URS Division (32% of revenues) provides planning, design and construction management services for transportation and water resources infrastructure, as well as for healthcare complexes, schools, courthouses and other public buildings. ii) The EG&G Division (23% of revenues) serves the U.S. federal government, including the Departments of Defense and Homeland Security. The division provides systems engineering and technical assistance for the development of weapons systems, and maintains and repairs vehicles and other military equipment. EG&G (Edgerton, Germeshausen and Grier) was founded in 1947 by three MIT professors. URS acquired EG&G Technical Services in 2002. iii) The Washington Division (45% of revenues) provides engineering,…