<ARTICLE> 5 <LEGEND> This schedule containes summary financial information extracted from Consolidated Balance Sheets as of September 30, 1998 and the Consolidated Statements of Operations for the three months and nine months ended September 30, 1998 as qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 57,466 <SECURITIES> 0 <RECEIVABLES> 108,439 <ALLOWANCES> 0 <INVENTORY> 16,348 <CURRENT-ASSETS> 280,531 <F1> <PP&E> 27,476 <DEPRECIATION> (18,078) <TOTAL-ASSETS> 394,416 <F2> <CURRENT-LIABILITIES> 200,973 <BONDS> 98,152 <PREFERRED-MANDATORY> 32,562 <PREFERRED> 100 <COMMON> 5,506 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 394,416 <F3> <SALES> 0 <TOTAL-REVENUES> 758,879 <CGS> 0 <TOTAL-COSTS> 721,358 <OTHER-EXPENSES> (829) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (6,341) <INCOME-PRETAX> 9,850 <F4> <INCOME-TAX> 780 <INCOME-CONTINUING> 9,070 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,070 <EPS-PRIMARY> .88 <EPS-DILUTED> .88 <FN> <F1> Includes Equity in Construction Joint Ventures of $71,330, Unbilled Work of $21,121, and Other Short-Term Assets of $5,827, not currently reflected in this tag list. <F2> Includes investments in and advances to Real Estate Joint Ventures of $85,600, Land Held for Sale or Development of $14,656, and Other Long-Term Assets of $4,231, not currently reflected in this tag list. <F3> Includes Deferred Income Taxes and Other Liabilities of $12,300, Minority Interest of $1,064, Paid-In Surplus of $50,728, Retained Deficit of $(6,224), ESOT Related Obligations of $(1,501), Treasury Stock of $(1,477), and Stock Purchase Warrants of $2,233. <F4> Includes General, Administrative and Selling Expenses of $(20,501), not currently reflected on this tag list. </FN>