SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549




                                    FORM 8-K




                                 CURRENT REPORT





                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



    Date of Report (Date of earliest event reported)..........April 30, 2000




                          STONE & WEBSTER, INCORPORATED
             (Exact name of registrant as specified in its charter)


         Delaware                       1-1228                  13-5416910
(State or other jurisdiction   (Commission File Number)   (IRS Employer Number)
   of incorporation)

            245 Summer Street, Boston, MA                    02210
       (Address of principal executive offices)            (Zip Code)

       Registrant's telephone number, including area code: (617) 589-5111




Item 5.    Other Events.

     The text of  registrant's  press release dated April 30, 2000, as corrected
May 1, 2000,  relating to the  preliminary  report of first quarter  results and
other  corporate  developments is included in Exhibit 99 to this Form 8-K and is
incorporated herein by reference.



Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)  Exhibits

     (99) Text  of   registrant's   press  release  dated  April  30,  2000,  as
          corrected May 1, 2000







                           SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                              STONE & WEBSTER, INCORPORATED




                              By:  /S/ THOMAS L. LANGFORD
                                   ---------------------------------------------
                                   Thomas L. Langford
                                   Executive Vice President
                                   and Chief Financial Officer

Date:  May 1, 2000