URS Corporation is a leading engineering and construction firm. In 2010, it reported revenues of $9.2 billion and net income of $288 million. It completed the acquisition of Scott Wilson Group, a UK-based engineering firm, expanding its international operations. The acquisition added over 5,500 employees and increased URS' presence in key markets like the UK, Europe, India, and China. The company's diversification across sectors like federal, infrastructure, power, and industrial has allowed it to deliver consistent results through economic cycles.
3. Financial Highlights
Financial data for the past five fiscal years are summarized below. This financial data should be read in conjunction with the
information contained in our financial statements and accompanying notes, and in the section entitled “Management’s Discussion
and Analysis of Financial Condition and Results of Operations,” included in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2010. URS’ Form 10-K, which was filed with the Securities and Exchange Commission on February 28, 2011, accompanies
this Annual Report to Stockholders.
Year ended Year ended Year ended Year ended Year ended
December 31, January 1, January 2, December 28, December 29,
(In millions, except per share data) 2010 1,2 2010 1 2009 1 2007 1,3 2006 1
Income Statement Data:
Revenues $ 9,177.1 $ 9,249.1 $10,086.3 $ 5,383.0 $ 4,222.9
Cost of revenues (8,609.5) (8,772.4) (9,608.8) (5,095.2) (3,978.1)
General and administrative expenses (71.0) (75.8) (78.7) (56.5) (43.3)
Acquisition-related expenses 2 (11.9) — — — —
Restructuring costs 4 (10.6) — — — —
Impairment of an intangible asset 5 — (32.8) — — —
Equity in income of unconsolidated joint ventures 6 70.3 100.9 106.3 31.5 17.3
Operating income 544.4 469.0 505.1 262.8 218.8
Interest expense (30.6) (48.4) (90.7) (27.7) (19.8)
Other income, net 7 — 47.9 — — —
Income before income tax 513.8 468.5 414.4 235.1 199.0
Net income attributable to URS 287.9 269.1 219.8 132.2 113.0
Diluted earnings per share $ 3.54 $ 3.29 $ 2.59 $ 2.30 $ 2.15
Balance Sheet Data
(As of the end of period):
Cash and cash equivalents $ 573.3 $ 720.6 $ 224.0 $ 256.5 $ 89.5
Total assets $ 7,351.4 $ 6,904.4 $ 7,001.2 $ 6,930.0 $ 2,581.0
Total indebtedness $ 701.8 $ 805.0 $ 1,108.0 $ 1,306.8 $ 168.6
Total URS stockholders’ equity 8 $ 4,117.2
$ 3,905.8 $ 3,624.6 $ 3,478.6 $ 1,506.7
Corresponding footnotes are presented on page 31 of this Annual Report to Stockholders.
Net Income Total URS
Revenues Attributable to URS Stockholders’ Equity Backlog
in millions in millions in millions in millions
$10,086.3
$287.9
$4,117.2
$17,659*
$17,309*
$17,282*
$3,905.8
$16,608*
$269.1
$9,249.1
$9,177.1
$3,624.6
$3,478.6
$219.8
$5,383.0
$132.2
$4,222.9
$113.0
$1,506.7
$4,637*
* Unaudited 06 07 08 09 10 06 07 08 09 10 06 07 08 09 10 06 07 08 09 10
4. Chairman’s Letter
TO OUR STOCKHOLDERS:
In fiscal 2010, URS performed well, while continuing to position the Company for
growth as the economy recovers. The strategic diversification of our business
and our competitive position in the markets we serve enabled us to deliver strong
financial results, despite the ongoing economic challenges. Our federal and
infrastructure businesses continued to grow, and we are encouraged by signs of
improvement in our power and industrial and commercial businesses. As a result
of our solid performance and ability to generate high levels of cash, we made
strategic investments to expand the Company’s operations in growing interna-
tional markets.
Financially and competitively, URS remains strong. For diversification to succeed throughout the business cycle.
the 2010 fiscal year, we reported revenues of $9.2 billion and For more than a decade, we have focused on broadening
net income of $288 million. Earnings per share (EPS) were our business in stable, long-term markets, expanding our
$3.54, a 7.6% increase from 2009 and our sixth consecutive resources and technical capabilities, and extending our
year of EPS growth. We generated $528 million in net cash geographic reach. Through the careful and deliberate execu-
from operating activities, ending the year with $574 million tion of this strategy, we have built a diversified business
in cash and short-term investments. During 2010, we repaid that we believe can weather almost any economic climate.
$150 million in debt, reducing our net debt at the end of Our balanced business mix has enabled us to deliver con-
2010 to just $128 million. We also used approximately $292 sistent results, achieve EPS growth and generate strong
million in cash to complete the acquisition of Scott Wilson cash flow—during the longest recession since the Great
Group plc, a UK-based engineering and design firm with Depression. It also has enabled us to outperform many of
more than 5,500 employees in offices worldwide. our competitors throughout the economic downturn.
The acquisition of Scott Wilson has significantly
expanded our business outside of North America—a long- The acquisition of Scott Wilson
term goal for URS. Scott Wilson adds critical scale to our
international operations, creating new opportunities in
adds critical scale to our
strategically important markets and geographies. URS international operations, creating
now is ranked among the top ten engineering firms in the new opportunities in strategically
United Kingdom by revenue, and we have expanded our important markets and geographies.
presence in Continental Europe, as well as in India and
China—two of the world’s fastest growing economies. We
also have enhanced our global capabilities in key infrastruc- In the past year, increased public sector spending by
ture markets, including mass transit, high-speed rail, roads clients in our federal and infrastructure market sectors
and bridges, airports, and ports and harbors. helped to offset declines in capital expenditures by our pri-
Acquiring Scott Wilson was an important develop- vate sector clients in the power and industrial and commer-
ment in our long-term strategy to build a large engineering, cial market sectors. We have built a large and growing federal
construction and technical services organization with the business, and we continued to benefit from outsourcing by
U.S. federal agencies and national governments outside the
United States for the specialized engineering, construc-
tion and technical services we provide. In addition, despite
2
5. the budget challenges facing many of our state and local Our results would not have been possible without the
government clients, our infrastructure business also had dedication of our 47,000 employees worldwide, and I should
a successful year—driven largely by the diversity of fund- like to thank them for their hard work in the past year.
ing sources that were available to finance infrastructure Their commitment to delivering technically superior ser-
improvement programs. vices to our clients in the safest possible manner—and to
conducting our business according to the highest ethical
standards—is the foundation of our success. I also thank
Our balanced business mix has enabled our stockholders and clients for their continued support and
US to deliver consistent results, confidence in URS.
achieve EPS growth and generate
strong cash flow—during the longest our employees’ commitment to
recession since the Great Depression. delivering technically superior
services to our clients in the
As anticipated, our power and industrial and com-
safest possible manner is
mercial businesses were affected by the continuing weak the foundation of our success.
economy in 2010. However, with the economic recovery
gaining momentum, we expect improved results in these
sectors in the year ahead. The pace of procurement activity Finally, I should like to extend my sincere gratitude to
and contract awards among our power clients has started Armen Der Marderosian and William Walsh, both of whom
to improve, and our backlog of work is growing. Similarly, in will be retiring after many years of distinguished service
the industrial and commercial sector, many of our clients are as members of the URS Board of Directors. Mr. Walsh has
increasing their capital expenditures and restarting projects served on the Board of Directors since 1988, and Mr. Der
that previously had been delayed or deferred. With our Marderosian joined the Board in 1994. Their leadership and
expanded international resources and capabilities, we are astute business perspectives have been invaluable to URS
better positioned to serve the needs of our FORTUNE 500 as we have grown.
clients and other large, multinational corporations across I look forward to updating you on our progress in 2011.
their global operations. Although we recognize that there
are still challenges ahead, we believe URS is poised for even
stronger performance as the economy recovers.
Because of our international expansion in the past year,
we selected A World of Experience as the theme for our
2010 Annual Report. The report highlights the wider scope
of URS’ worldwide operations, as well as our expanded
international capabilities and project experience. It also
Martin M. Koffel
captures our optimism about our long-term potential, includ-
Chairman and Chief Executive Officer
ing new opportunities available to us with the addition of
Scott Wilson.
3
6. A World
of
Opportunity
Today’s global economy offers companies like URS significant opportunities.
Developed nations around the world face the need to upgrade and rehabilitate
their infrastructure, public buildings, industrial facilities and power systems,
while developing regions are under increased pressure to build new facilities in
order to compete in the global marketplace. URS has built a diversified business
in our four key markets, and we have expanded our geographic presence, particularly
in rapidly growing economies outside of the United States.
4
7. Infrastructure The American Society of Civil
Engineers estimates that $2.2 trillion
in investment is needed to reverse
$1.9
the deteriorating condition of public
infrastructure in the United States.
Billion India’s new five-year
infrastructure plan,
currently being developed,
is expected to double
investment to $1 trillion.
FY 2010 Revenue In Australia, more than $34 billion in rail
infrastructure projects currently are under
construction, in planning or proposed.
Revenues from our infrastructure China’s five-year infrastructure
14%
sector business plan totals $1 trillion and focuses
increased
on urban transportation, includ-
ing high-speed rail between
major population centers and
urban-rural rail links.
in 2010.
Modern and reliable infrastructure is an essential With the addition of Scott Wilson in September 2010,
component of a strong, vital economy. Overburdened we have broadened our global footprint to pursue infra-
or obsolete roads, bridges, airports, rail transportation structure opportunities in key regions around the globe.
systems, and ports and harbors hinder the efficient move- URS now is ranked among the top ten engineering firms
ment of people and goods—resulting in lost time and in the United Kingdom by revenue, and we have expanded
productivity. From North America and Europe to Asia and our presence in Continental Europe and the Middle East,
Australia, governments around the world face major chal- as well as in the rapidly growing economies of India and
lenges to expand and modernize infrastructure to ensure China. We also have enhanced our capabilities in high-
their competitive advantage in the global economy. growth infrastructure markets—including rail and transit,
For more than a century, URS has been at the fore- roads and bridges, and ports and harbors.
front of efforts to improve critical infrastructure through-
out the United States. We are one of the few firms in the
industry with the in-house capabilities to support every
stage of large-scale infrastructure projects, from plan-
ning and design through construction and construction
management to operations and maintenance.
Although many U.S. states face serious budget defi-
cits, they are successfully financing infrastructure pro-
grams through alternative sources. These sources include
bonds, dedicated tax measures, users’ fees, federal stimu-
lus funding and public-private partnerships.
5
8. Federal
URS has built a large, diversified and growing busi- The DOD’s budget request for the federal government’s
ness in the federal sector. Today, we provide engineering, 2012 fiscal year, which begins October 1, 2011, includes
construction, operations and maintenance, and special- $204 billion for operations and maintenance and $75 billion
ized technical services to the Department of Defense for research, development, test and evaluation—budget
(DOD), the Department of Energy (DOE) and more than line items that are important to our federal business.
25 other U.S. federal departments and agencies, as well As the largest environmental management con-
as to agencies of other national governments. As a lead- tractor to the DOE, URS provides environmental and
ing federal contractor, we assist our clients in fulfilling nuclear management services at some of the most com-
their most critical missions—often through large, bundled plex sites and facilities across the United States. And, in
contracts that allow them to procure our services easily the United Kingdom, a URS-led consortium manages the
and without delay. operations and cleanup of the Sellafield nuclear complex,
URS supports the DOD at virtually every stage of one of the world’s largest nuclear sites, for the Nuclear
its operations—from developing new weapons systems Decommissioning Authority.
and refurbishing military vehicles and aircraft to man We expect to continue to benefit from sustained
aging complex installations and providing decommission- funding for these programs. The UK Coalition Government
ing and closure services for facilities no longer in use. has provided $2.4 billion for the Sellafield site for each of
We also design and construct infrastructure at military the next four years. In addition, the proposed DOE budget
installations worldwide. for 2012 includes $6.1 billion for environmental manage-
The diversity of our federal business means we are ment programs. This funding should support much of our
less susceptible to budget uncertainties or funding for DOE work in the year ahead.
any single program. In the year ahead, proposed funding
for much of our DOD work is expected to remain stable.
$4.5 URS REVENUE
BY MARKET Power
Billion
Federal
12%
Industrial
Commercial 18%
49%
21%
FY 2010 Revenue Infrastructure
Revenues from our federal The DOD’s 2012 budget
sector business request includes
increased $204 billion
9% for operations and
maintenance, an 11% increase
from 2011 levels.
in 2010.
6
9. Power Electricity
Net Generation Other
$1.1 By Source Coal
5%
Natural
Gas
Source: U.S. Energy Information 23%
Billion
Administration, Annual
45%
Energy Review, 2009
7%
Hydroelectric
20%
FY 2010 Revenue
Nuclear
In the United States, electricity
65%
generation from
renewable energy sources
of the new generating capacity added increased 33%
to the U.S. power grid since the
between 2008 and 2010.
1990s has been from gas-fired power plants.
The power industry is shaped by economic trends, The dramatic growth in renewable energy is creating
regulations and technical advances that interact to new demands to modernize and extend transmission and
create growth cycles for our power business. When the distribution systems so that electricity from alternative
economy slowed and demand for electricity fell, capital sources—such as remotely located wind or solar farms—
spending by our power clients declined. But, as economic can be transported to major population centers.
conditions improve and new environmental mandates As a leader in nuclear power, URS also is helping utili-
take effect, there are signs that the power sector is poised ties maintain the viability and efficiency of their nuclear
for a recovery. fleets. More than 100 nuclear generating units operate
Increasingly stringent restrictions on the emissions in the United States today, accounting for 20 percent of
from coal-fired power plants are creating new opportu- the country’s electricity production. URS is one of only
nities for our air quality control business. Today, coal- a few contractors with the expertise to perform major
fired plants are the largest source of electricity in the capital improvement projects—including the replacement
United States, but many facilities have inadequate pol- of steam generators and other major components—to
lution controls to meet a 2015 federal deadline for addi- increase the output, efficiency and reliability of existing
tional emissions reductions. URS is a leader in this market, nuclear power plants.
having installed air quality control systems at more than
200 power plants.
With demand for electricity projected to rise, there
is renewed interest in natural gas as a cleaner burning,
readily available alternative to coal-fired generation. We
have designed or constructed nearly 100 gas-fired power
plants, and we anticipate increased demand for the ser-
vices we provide to develop or expand gas facilities.
7
10. Industrial Commercial
URS has built long-standing business relationships As URS has grown and extended its geographic reach,
with FORTUNE 500 and other multinational corpora- we have expanded our work and the services we provide
tions around the world by providing complete life-cycle to many of our largest industrial and commercial clients.
services to meet their engineering, construction and Today, much of this work is performed under long-term
environmental needs. As demand for oil and gas, manu- Master Services Agreements—multi-year contracts that
factured goods and mineral resources declined during the cover a broad range of engineering and environmental
recession, many of our clients delayed or curtailed capital services at sites around the world.
spending. However, as the economy recovers, activity in With the addition of Scott Wilson to URS, we have
the industrial and commercial sector is increasing, creat- expanded our global resources and are better positioned
ing new opportunities for our business. to support the needs of these clients throughout their
In the oil and gas industry, rising oil prices have led worldwide operations.
several of our clients to move forward with projects that
were previously suspended—including oil sands proj-
ects in Alberta, Canada, oil shale projects in Colorado’s
Piceance Basin and gas pipeline projects in Alaska.
Higher commodity prices for base and precious met-
als, fueled by strong demand from China and India, have
accelerated our work on mining projects in Australia. In
the manufacturing market, growing consumer spending is
leading to increased production, resulting in new demand
for the engineering, construction and facility manage-
ment services we provide.
Oil Prices
$/Barrel $1.6
140
100
60
Billion
FY 2010 Revenue
20
1/06 1/07 1/08 1/09 1/10 1/11
Rising oil prices are leading to increased global capital spending
in oil and gas production and exploration. In 2011, spending
is expected to reach $490 billion, an 11% increase from 2010.
Sources: U.S. Energy Information Administration, March 2011
Barclays Capital, December 2010
According to a survey of senior executives
and consultants in the mining industry, global
mining expenditures are expected to reach
6% $120 billion
U.S. industrial production
increased $115 to
in the last year, following nearly two years of decline. in 2011, above the peak of $110 billion set in 2008.
Source: U.S. Federal Reserve Source: Financial Times, December 2010
8
11. A World
of
Talent
What differentiates URS from our competitors is our people. With some of the
most talented professionals in the industry, URS has the skills and resources
to complete the most challenging projects in the infrastructure, federal, power,
and industrial and commercial markets—anywhere in the world. Our employees
also embrace the opportunity to “give back,” volunteering their time and expertise
in support of charities, and community outreach and mentoring programs.
9
12. London Office
With more than 500 employees, URS’ London office is Our staff is engaged in some of London’s most pres-
one of our largest in Europe. Previously the headquarters of tigious projects, including Crossrail, Europe’s largest civil
Scott Wilson, it remains an important hub for URS’ opera- engineering construction project, and the Brent Civic
tions in the region. Centre, designed to be the United Kingdom’s “greenest”
With a full complement of civil and structural engineers, civic building. Our UK operations also have won several
environmental scientists, sustainability experts and con- highly regarded awards from professional societies and
struction specialists, our London office provides services government organizations, including the Queen’s Award for
across the full life cycle of projects. Working together as Enterprise: International Trade.
members of multi-disciplinary project teams, URS employees In addition to undertaking projects locally, staff in
plan, design and manage the rehabilitation and construction London support multinational clients on projects around
of highways, bridges, mass transit systems and major facili- the world, often in collaboration with colleagues from other
ties, such as schools, hospitals, hotels and stadiums. international offices.
10
9 11
13
14
8
12
4 6
5
3
2
1
10
13. German Roadway Olympic London’s flagship stations. is at the cutting edge of
Improvements Delivery Authority / 9–14 / Darren Brooke, sustainable development.
Johnny Adaime, Alison NISP develops mutually
Since 2005, URS has served URS has been working with the Argust, Howard Augustus, profitable links between
as the Lenders’ Technical Olympic Delivery Authority Ka-Ho Li, Robert Duffy companies so that under-
Advisor on five public- on the Planning Framework used resources, such as
private partnership roadway for the London 2012 Games Thames Tunnel energy, water and materials,
improvement projects in since 2006. / 4–8 / from one business can
Germany. URS has supported Thomas Smith, Annabel Through its appointment be reused or reprocessed
the bidding consortia to a Buralli, Gareth Wilson, Lesley to a Planning Studies by another. / 20–21 / James
successful financial closing Keable, Martin Herbert Framework, URS is support- Bisco, Caroline Brock
on two of the projects, ing the delivery of the
and currently is supporting Crossrail Thames Tunnel. The project Brent Civic CentRe
a bidding consortium for involves building a tunnel
the widening of a section of Crossrail is a new east-west under London to stop com- URS, in partnership with
the Federal Motorway. / 1–3 / rail route across London. URS bined sewer overflows Hopkins Architects, is
Anandan Kumar, Wendy is providing a wide range of and improve water quality in providing engineering and
Chung How, James Kyritsis civil, structural and electrical the River Thames. / 15–19 / environmental services,
engineering services for Shibani Bose, James Allan, including significant sustain-
both above- and below-ground Eleanor Cole, Julia Ryan, able design advice, for
tracks and stations, includ- Charlotte Cook the design of Brent Council’s
ing the design for Paddington new civic centre, which is
and Farringdon, two of central National Industrial expected to be the United
Symbiosis Programme Kingdom’s “greenest” civic
building. / 22–27 / Jason Lee,
URS is a key partner for Chris Gaskell, Karl Walker,
17
15
the award-winning National Rick Hilton, Christina
18
Industrial Symbiosis Petrides, Mike Pauley
16 Programme (NISP), which
19
21
7
24
20
GREENCOAT PLACE
HISTORY
URS’ London office is located
at Greencoat Place, which
23
25 was constructed between
22 1883 and 1885 by J. Bull.
It was originally used as a
warehouse by the Army and
Navy stores (a UK depart-
ment store group). Damaged
during World War II, the
structure was rebuilt in
stages, which is reflected in
its more modern façade and
mix of architectural styles.
As shown in the photo, the
building’s glazed rooms,
previously used as meat and
27 fish trading halls, display
original Victorian detailing.
The glazed halls were
restored when the building
26 was renovated prior to Scott
Wilson’s occupation. The
result is a unique office space
with generous natural light.
11
14. China Operations
URS’ China operations comprise 1,100 employees in a companies also rely on the skills of URS’ environmental and
network of 12 offices. With the addition of Scott Wilson, health and safety experts to help them comply with China’s
we now provide a diverse range of planning, design, environ- new, more stringent regulations.
mental, engineering and construction services that can URS teams are working on important projects through-
meet the needs of clients in this rapidly growing economy. out China, such as overseeing the fast-track construction of
Our engineers, architects, planners, scientists, landscape the Wuxi Integrated Transportation Hub—the second larg-
designers and construction management specialists work on est development of its kind in China. The new hub will link
a range of transportation and urban infrastructure, as well high-speed intercity railways with metro stations for local
as manufacturing plants, hotels and mixed-use commercial underground and above-ground rail lines. It also includes a
and residential complexes. Many local and multinational large shopping mall, hotel, bus terminal and parking facilities.
5
3 6 11
2 9 12
4 10
8
1 7
S enior Project C ost Management D esign Management C onstruction
Management Management
We are responsible for To ensure that design quality
URS provides overall project procurement, advising on and project standards are We deliver on-site manage-
management, including qualified contractor met, URS manages the design ment of construction
managing relationships with selection and managing of architects, design insti- processes, including techni-
client teams and project project costs during tutes and other consultants; cal review and quality and
stakeholders, to ensure that the planning, design and on-site design revisions; safety management, to ensure
the project is delivered construction stages. and site installation work. that project delivery is in
in accordance with contract / 3–4 / Qian Xinsheng, / 5–7 / Samuel Yu, Johnson line with client scope, budget
requirements and client Wendy Xiang Liu, Alina Zhao and schedule. / 8–12 / Ren
expectations. / 1–2 / C L Lau, Zhongqin, Tao Jinbing, Zeng
Yang Xianhua Gewen, Ma Yafeng, Wu Hao
12
15. Dam and Levee Engineering
Australia
URS has extensive experience in the design and reha- Australia, exemplifies the broad skills and geographic
bilitation of thousands of dams, levees and other hydraulic breadth of URS’ dam and levee practice. Our Australia-based
structures. We are one of the largest dam and levee design- team was supported by nearly 200 URS water resources
ers in both Australia and the United States, and one of staff from Colorado, California and New Zealand during the
the leading dam and levee designers worldwide. Our staff course of the project.
includes the full range of professionals in the specialized The technically complex project involved raising the dam
technical disciplines needed for dam design and construc- from 93.5 meters to 108.5 meters in order to increase water
tion projects, including engineering geologists; geotechnical, supply to a full capacity of 310 billion liters. The URS team
structural, mechanical, electrical, environmental and earth- employed many design innovations to increase the dam’s
quake engineers; and hydrologists. storage capacity, while reducing downstream flood risk.
The design team for the upgrade of the Hinze Dam, which
provides much of the water to the Gold Coast in Queensland,
5
3
6
7 10
4
8 11
1
12
2 9
S pillway Design E mbankment Design I nfrastructure M anagement
Design Support
T he new spillway design U RS assessed the complex
optimized the flood mitiga- foundation conditions at the Infrastructure across the site A s the design lead of the
tion benefits downstream site and designed a 15-meter was upgraded, including highly successful Hinze
of the dam and increased raise of the existing earth a recreation area, internal Dam Alliance project team,
maximum potential flood and rockfill embankment. The roads, drainage, power, URS’ role was to oversee
capacity. A key challenge was work included a 700-meter- water and communications the technical aspects
surpassing the capacity of long extension of the saddle systems. The work also of the design. Managing the
the original spillway structure, dam across the right bank to included mechanical and project also included close
which had been designed for accommodate the increased electrical design to upgrade collaboration with URS’
less than half the flood flow of level of the reservoir. / 3–6 / the outlet facility, pump Alliance partners and other
the new structure. / 1–2 / James Toose, Mark Foster, station, and electrical and stakeholders, including
Steve O’Brien, Mike Phillips Gavan Hunter, Rob Campbell control systems. The dam the owner, dam operations,
remained in full operation regulatory agencies and
during construction of these community members. / 10–12 /
improvements. / 7–9 / Jared Bob McGowan, Chris Dann,
Weir, Rob Myers, Anna Hams Melanie Preston
13
16. Power CAPABILITIES
Princeton, New Jersey
With more than 100 years of experience serving the For the commercial nuclear market, we have engineered
power industry, URS’ expertise encompasses virtually every or constructed 49 power plants worldwide, and our SGT,
type of power generation, including fossil fuel, nuclear and LLC joint venture provides steam generator and large com-
alternative energy. We have engineered and/or constructed ponent replacement services to improve the efficiency and
power plants generating more than 250,000 megawatts of extend the life of existing nuclear plants.
electricity and have worked on hundreds of transmission Our power professionals are located around the world,
and distribution, and substation projects. including Princeton, New Jersey, where, in addition to nuclear,
URS provides a full range of engineering, procurement civil, mechanical, electrical and process engineers, URS
and construction services for natural gas-fired power plants. employs architects, environmental and project controls spe-
Our experience includes more than 32,000 megawatts of new cialists. Many of our highly skilled staff also have achieved
generation and covers every combustion turbine technology. safety trained supervisor certification.
URS also is a leader in clean-air modifications. We have With a full complement of disciplines, URS serves the
installed air quality control systems in more than 200 plants entire life cycle of power projects—from planning, engineer-
to reduce sulfur dioxide, sulfur trioxide, nitrous oxides, mer- ing, procurement and construction to start-up, operations
cury and other emissions. and maintenance, and decommissioning and closure.
7
5 6
3
4
12
2
10
1
11
8
9
New Generation Air Quality
Combined Cycle Gas Control Systems
U RS provides life-cycle Our engineering, procure-
services to ensure that new ment and construction
generation combined-cycle expertise is used to retrofit
gas plants are constructed existing fossil fuel plants
cost-effectively and oper- with clean-air emissions
ate at the highest levels of technologies. / 8–12 / Ed
safety, efficiency and Ventura, Cathy Schmitt,
reliability. / 1–7 / John Moore, Jeremy Moore, Steve
Bob Schad, Andrea Kelman, Pizzimenti, Harold Fletcher
Minanka Ray, Joe Zachowski,
Bob Thibodeau, Danny Chung
14
17. 21
16 18
22
17
19
25
15
20 26
24
14
13
23
Tr ansmission Solar Nu clear Generation
Distribution
In addition to providing pro- URS provides engineering,
We offer consulting, project gram management and procurement, construction
management, engineering, support services to utilities and start-up services for
design, construction, for solar panel installa- both nuclear plant modifica-
start-up and maintenance tions, URS provides consult- tions and the development
support for transmission ing services for solar power of new generation facilities.
and distribution systems, as installations on buildings. We are playing an integral
well as substations. / 13–16 / / 17–22 / Darlene Schrock, role in the next generation
Dianne Forman, Sunil Mital, Mike Lazar, Jeffery Krenski, of nuclear power plants.
Zachary Riley, Jack Jolly Shanna Pfau, Mark Feldman, / 23–26 / Isamar Blumberg,
Jim Aquilino Bryan Freeman, Peter Abate,
Thomas Powell
15
18. India Operations
The New Delhi office is URS’ headquarters for our South over the next five years. Such investment is evident in the
Asia operations. Through the addition of Scott Wilson, we roads sector, where the National Highways Authority of
now have more than 850 employees in offices in Bangalore, India has commissioned an ambitious project to upgrade,
Chennai, Kolkata, Mumbai and Patna, and at numerous rehabilitate and widen India’s major highways. The National
project sites. Highways Development Program (NHDP) is the largest
Although traditionally known for providing planning, highways program in India’s history, covering more than
engineering and construction services for highways and 70,000 kilometers.
bridges in the region, our work has expanded into ports, URS’ experienced highways team in New Delhi com-
railways, airports, power, water and urban infrastructure. prises structural, geotechnical and civil engineers, pavement
Our New Delhi staff represents the full range of design and experts and construction specialists who provide complete
engineering disciplines, from urban planners and architects project life-cycle services. The team, which has provided
to hydrologists and transportation engineers. services for NHDP projects for many years, currently is
To keep pace with its rapidly growing economy, India is working on more than ten assignments.
expected to invest one trillion dollars in its infrastructure
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3 4 9
5
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1
U pper Ganga Canal J ammu Udhampur
Expressway Section of NH-1A
This unique project integrates U RS developed innovative
a roadway design with structural solutions and
a canal rehabilitation, new cost-optimization plans for
hydroelectric power the design of a 64-kilometer
stations and adjacent land section of National Highway-1A
development. URS’ feasibility through a highly mountainous,
study received the presti- ecologically sensitive area.
gious British Expertise The project included numer-
International Awards 2010/11 ous bridges, viaducts and
Consultancy Project of the a twin tunnel. / 5–9 / Sajid
Year. / 1–4 / B K Basu, Khan, Uma Shankar Rawat,
D P Kala, Debargha Datta, Ganesh Chatrad, A K Dubey,
Ranadeep Basu Brig C D Puri
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19. 10 17 23
13 15 24
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16 19 20
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Sone River Bridge L ong-Span Bridge C entral India State NH -36 and NH-54
Over River GodAvari Road Development Carriageway
U RS provided design and
project management services URS provided engineering For a state road development A URS construction supervi-
for a 1,980-meter bridge on services for the design, project in central India, URS sion team supported the
River Sone in the state construction, and operations provided construction supervi- upgrade of the NH-36 and
of Bihar. The bridge features and maintenance for a major sion for the rehabilitation NH-54 into a single, four-
continuous prestressed bridge across the Godavari of approximately 800 kilome- lane divided carriageway.
concrete box girders, each River, as part of a Build, ters of state highways. The Located in the extreme
spanning 60 meters. / 10–16 / Operate, Transfer/Public- project was spread over northeastern region of the
H S Sharma, A K Padhy, Private Partnership. / 17–18 / eight districts of the highly country, the project tra-
Priyanka Jain, Shrey Kumar S S Negi, K S Shiny mountainous Madhya verses a dense forest area
Jain, Kamlesh Mishra, Sanjeev Pradesh State. / 19–21 / with very heavy rainfall.
Gahir, Vikram Singh P B Ratnakumar, R K Pathak, / 22–25 / Jayasree
Meenakshi Agarwal Ratnakumar, Neeraj Mallik,
R N Chaddha, T Naresh
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20. Veteran Mentoring
United States
URS’ support of the military extends beyond our con- nation—it defines who we are as a company. Marian Hyder,
tracts. Whether it’s helping a soldier obtain a position after Vice President of Talent Management for our Federal Services
serving in the Army, pairing a veteran with a mentor to ease business, says, “Nothing brings us greater satisfaction than
the transition to his or her first corporate job, sending care reaching out to our veterans. So many URS employees are
packages to deployed soldiers or helping a wounded vet- former military—they’ve been there and understand the
eran find fulfilling work, URS and our employees embrace importance of the support we provide.”
the opportunity to give back to those who have served the
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3
4
5
2
1
W ounded Ad opt A merican Corporate Partnership for
WarriorS a Platoon Partners (ACP) Youth Success
Program (PaYS)
Dozens of disabled veterans Ensuring that U.S. service In 2010, 70 URS employees
from all branches of the members are not forgotten served as mentors to Pairing U.S. Army veterans
military are supported by during their deployment, returning veterans as part with civilian jobs ensures
URS mentors who provide URS employees send weekly of the ACP program. They that companies like URS hire
advice and encouragement cards and follow up with provided coaching, mentoring employees with a strong
about how to reintegrate into monthly care packages contain- and networking support work ethic and highly special-
the workplace. “There is nothing ing books, food and other to help their protégés secure ized skills. URS recently hired
we wouldn’t do for our items. According to Human civilian jobs. Dennis Hunt, our first veteran through PaYS
veterans,” says Jesse Barber, Resources Manager Pat Falls, Capture Manager, National and, according to Ken Reese,
a Program Manager in the “URS has adopted dozens Security and Defense, is a URS Staffing Manager and
Global Security Group. “We of platoons since 2007 and, a mentor to Bill Cuartas, retired Army recruiter, he
also served, and now we want to date, several tons of and was recently named an is the first of many. Ken says,
to help them begin the next packages have been sent by ACP Mentor of the Month. “PaYS will be a vital part of
phase of their lives.” During our volunteers to deployed According to Bill, “Dennis URS’ hiring program for years
the past 12 months, URS has soldiers.” To spread cheer during has been there for me every to come.” / 6 / Kenneth Reese
hired 343 disabled veterans. the 2010 holiday season, step of the way. I would still
/ 1 / Jesse Barber 15 URS locations sent more be worried and unsure about
than 1,300 stockings my transition without his
to our troops. / 2 / Pat Falls help.” / 3–5 / Dennis Hunt, Bill
Cuartas, Marian Hyder
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21. A World
of
Expertise
With a presence in more than 40 countries around the world, URS has the local
resources to meet our clients’ needs on a variety of projects, regardless of location
or type of service required. Whether it’s an environmental assessment for one of
the largest retail centers in Belgium, the expansion of a power plant in Detroit, the
design of a high-speed rail network in the United Kingdom, the construction of a
tailings dam in Australia or the maintenance of military equipment returning from
the Middle East, URS has the experience to get the job done.
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22. URS provides design, engineering and As the U.S. military has increased its For the Predator and other unmanned
construction services for beddown facilities use of intelligence and surveillance aircraft systems, URS supports
to support several unmanned aircraft systems, URS has been called upon to command and control and IT operations,
systems (UAS). At Beale Air Force Base in provide engineering for communi- as well as maintenance and training.
California, URS designed and constructed cations systems for the Reaper UAS.
new hangars to house the Global Hawk UAS.
Unmanned
Aircraft
Systems
In support of the DOD’s accelerating
deployment of unmanned aircraft
systems, URS provides wide-ranging
program management, design,
systems engineering, training,
construction, and operations and
maintenance services.
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23. The role of unmanned aircraft systems (UAS) has UAS SITES
expanded dramatically during the last decade, as these
sophisticated systems have demonstrated their value where URS currently
in the War on Terror. In support of military operations in
Iraq and Afghanistan, UAS have flown long missions and
is working
collected critical intelligence —all while being “piloted” South Dakota:
by personnel thousands of miles from the combat zone. Ellsworth AFB
In some cases, the intelligence obtained from a UAS is
transmitted directly to soldiers on the battlefield using
remote video terminals. Nevada:
Missouri:
Creech AFB,
Whiteman AFB
Used by the U.S. Air Force, Army and Navy, UAS Nellis AFB
range in size from radio-controlled devices as small
as a model airplane to more complex aircraft as large
as a Boeing 737. The systems consist of the aircraft,
sensors/payloads, command and control datalinks, the
operator station, and the ground support equipment Virginia:
required for launch and recovery, and operations and Dahlgren
New Mexico: Naval Base
maintenance. As technology has advanced and the sys-
Holloman AFB
tems have become more useful, UAS programs have
Maryland:
expanded, as have the services required to support
Texas: Patuxent River
their development and day-to-day operations. Naval Air Station
Fort Hood
URS has been involved in UAS programs since their
inception. Today, we are one of the leading contractors
in the UAS market and provide the services required to
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design, build, test and fly unmanned systems. Our exper-
tise also includes evaluating UAS, providing operational The U.S. Air Force has increased UAS
factor of
support from ground stations, training pilots, providing deployment by a
maintenance services, and designing and building bed-
down facilities. A current contract involves supporting
the systems that provide command and control data, over the last five years.
voice interconnectivity and video relays. These critical
systems enable personnel to fly and control unmanned
systems, such as the Predator and Reaper, worldwide.
Longer term, the non-military applications for For the years 2010 Combined, the U.S.
UAS are limitless. For instance, there is increasing through 2015, the Air Force, Army
interest in using UAS to monitor borders and ports, DOD has requested and Navy forecast
UAS
to perform aerial photography and land surveying, to
monitor forest fires and environmental conditions, and
to support municipal law enforcement. $25 expenditures
billion of more than
for UAS
development and
$4.1 billion
procurement. in the coming year.
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24. URS is providing quality control and We are providing design ser- During the development of the new
safety services for the new Yunnan vices for a section of California’s Perpignan-Figueras rail line, URS provided
section of the Yunnan to Guangxi high-speed rail system, the technical assistance services. Currently,
high-speed rail line in China. The line is largest public works project we are providing operations and monitor-
part of the strategically important in the United States since the ing services for the line, which travels
Trans-Asian Railway that will extend construction of the Interstate through the Pyrenees and serves as a link
to Southeast Asia. Highway System. between France and Spain.
In the United Kingdom, URS provided
design services for the West Coast Route
Modernisation program—a major
upgrade of the principal railway linking
London, Birmingham, the North West
and Glasgow.
High-Speed
Rail
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