<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FORM DRAVO CORPORATION'S DECEMBER 31, 1997 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-END> DEC-31-1997 DEC-31-1996 <CASH> 1477 1600 <SECURITIES> 0 0 <RECEIVABLES> 26376 24362 <ALLOWANCES> 612 176 <INVENTORY> 17434 16481 <CURRENT-ASSETS> 45655 43018 <PP&E> 263926 238025 <DEPRECIATION> 121277 112026 <TOTAL-ASSETS> 255230 225409 <CURRENT-LIABILITIES> 41745 34541 <BONDS> 0 0 <COMMON> 15103 15097 <PREFERRED-MANDATORY> 15000 20000 <PREFERRED> 18 20 <OTHER-SE> 94545 78798 <TOTAL-LIABILITY-AND-EQUITY> 255230 225409 <SALES> 162476 158133 <TOTAL-REVENUES> 162476 158133 <CGS> 121641 118165 <TOTAL-COSTS> 121641 118165 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 7025 6426 <INCOME-PRETAX> 11043 14128 <INCOME-TAX> (4073) 0 <INCOME-CONTINUING> 15116 14128 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 15116 14128 <EPS-PRIMARY> .85 .79 <EPS-DILUTED> .85 .78