<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Consolidated Balance Sheets as of June 30, 1996 and the Consolidated Statements of Operations for the six months ended June 30, 1996 as qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 12,999 <SECURITIES> 0 <RECEIVABLES> 172,183 <ALLOWANCES> 0 <INVENTORY> 13,046 <CURRENT-ASSETS> 319,491 <F1> <PP&E> 34,811 <DEPRECIATION> (23,324) <TOTAL-ASSETS> 530,477 <F2> <CURRENT-LIABILITIES> 268,972 <BONDS> 92,941 <PREFERRED-MANDATORY> 100 <PREFERRED> 0 <COMMON> 4,985 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 530,477 <F3> <SALES> 0 <TOTAL-REVENUES> 586,521 <CGS> 0 <TOTAL-COSTS> (561,060) <OTHER-EXPENSES> (369) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (4,475) <INCOME-PRETAX> 3,961 <F4> <INCOME-TAX> 450 <INCOME-CONTINUING> 3,511 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,511 <EPS-PRIMARY> .51 <EPS-DILUTED> 0 <FN> <F1> Includes Equity in Construction Joint Ventures of $64,510, Unbilled Work of $36,444, and Other Short-Term Assets of $20,309, not currently reflected in this tag list. <F2> Inclues investments in and advances to Real Estate Joint Ventures of $151,088, Land Held for Sale of Development of $41,237, and Other Long-Term Assets of $7,174 not currently reflected in this tag list. <F3> Includes Deferred Income Taxes and Other Liabilities of $55,494, Minority Interest of $2,919, Paid-In Surplus of $56,762, Retained Earnings of $53,018, ESOT Related Obligations of $(3,976), and Treasury Stock of $(2,231). <F4> Includes General, Administrative and Selling Expenses of $16,656, not currently reflected on this tag list. </FN>