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WGII Washington Grp. International (MM)

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Share Name Share Symbol Market Type
Washington Grp. International (MM) NASDAQ:WGII NASDAQ Common Stock
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Washington Group International Names Larry Shaw Executive Vice President of Business Development for Defense Business Unit

07/02/2007 9:51pm

PR Newswire (US)


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BOISE, Idaho and WASHINGTON, Feb. 7 /PRNewswire-FirstCall/ -- Washington Group International (NASDAQ:WGII) announced today the appointment of Larry Shaw as executive vice president of business development for the company's Defense Business Unit, headquartered in Arlington, Va. Shaw will be responsible for all business development, sales, and marketing activities in the implementation of the Defense unit's strategic growth plans. Shaw replaces Dennis Romano, who is retiring. Most recently, Shaw was president of the company's Infrastructure Business Unit. Previously, as executive vice president of business development for Infrastructure, he was responsible for new work opportunities ranging from infrastructure hardening in support of homeland security initiatives to transportation systems, dams, and other infrastructure internationally. Prior to that, he provided technical and management expertise to two Washington Group heritage companies -- Ebasco Services and Raytheon Engineers and Constructors. His experience in business development dates back to 1986, when he was named Ebasco's vice president of corporate marketing. He then served for seven years as vice president of marketing and business development for Raytheon Engineers and Constructors. Shaw earned a bachelor's degree in nuclear engineering and a master's degree in business administration from New York University. "Larry's broad background in business development, management expertise, and international experience will help us expand our already-strong presence in the defense market," said Terri Marts, president of Washington Group's Defense Business Unit. Washington Group has worked with the Department of Defense and its predecessor agencies since 1933. Today, the company's Defense Business Unit focuses on three primary market segments: global threat reduction, homeland security, and defense infrastructure services. Washington Group's global threat-reduction services encompass detection, interdiction, and elimination of chemical, biological, radiological, nuclear, and explosive threats. The company's homeland security services include threat analysis, security enhancements, and emergency response preparedness for seaports, mass transit, and other critical infrastructure around the world. Its defense infrastructure offering includes classified and unclassified engineering, construction, operations and maintenance, and logistics services for the U.S. Departments of Defense and State. Washington Group International (NASDAQ:WGII) provides the talent, innovation, and proven performance to deliver integrated engineering, construction, and management solutions for businesses and governments worldwide. Headquartered in Boise, Idaho, with more than $3 billion in annual revenue, the company has approximately 25,000 people at work around the world providing solutions in power, environmental management, defense, oil and gas processing, mining, industrial facilities, transportation, and water resources. For more information, visit http://www.wgint.com/. DATASOURCE: Washington Group International CONTACT: Media, Jerry Holloway or Laurie Spiegelberg, +1-208-386-5255, or Investors, Earl Ward, +1-208-386-5698, all of Washington Group International Web site: http://www.wgint.com/

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