Canada-based SNC Lavalin Group, the parent of Atkins, said the sale when completed will further speed the corporate transition to engineering and project management.
The funds are aimed at a battery of transportation needs including congestion relief, freight traffic accommodations and alternative fuels infrastructure.
University's Engineering Academy—which allows qualifying students to enroll in its College of Engineering, complete two years of core coursework at a community college and earn engineering degrees in College Station—aims to fill gaps in the number and diversity of state practitioners.