FlatironDragados

What FlatironDragados does

FlatironDragados is a North American heavy civil construction company formed through the 2025 combination of Flatiron and Dragados, both subsidiaries of the Spanish multinational ACS Group. The company operates through two entities — FlatironDragados USA (headquartered in Atlanta) and FlatironDragados Canada (headquartered in Toronto) — delivering large-scale infrastructure across nine service lines: aviation, bridges, dams, highways, rail and transit, tunneling, resiliency infrastructure, water and wastewater, and marine construction. Technical capabilities are anchored by an in-house Construction Engineering Group of licensed engineers specializing in Temporary Works and Means and Methods, with proprietary innovations including the first U.S. application of nitrogen skate friction-reduction for TBM turnaround and novel floating-bridge span installations.

The firm generates revenue primarily through competitive bidding for federal, state, and local government infrastructure contracts, delivered via fixed-price, cost-plus, CM/GC, Progressive Design-Build, CMAR, and P3 structures. Project values typically range from $100M to over $1B (e.g., the $1.7B US 181 Harbor Bridge, $1B Long Bridge North, $691M Howard A. Hanson Dam), with the company frequently partnering through joint ventures with Skanska, Aecon, Herzog, and others to share risk on signature projects. Customers are exclusively public-sector — state DOTs, transit authorities, airport authorities, and municipal governments — and the $17.8B order backlog equates to roughly 2.5 years of revenue coverage.

FlatironDragados holds 18 wholly-owned U.S. subsidiaries spanning construction services (Pulice Construction, J.F. White Contracting, Prince Contracting, McNeil Brothers, SPC Construction), equipment leasing (FECO Equipment, White Equipment Leasing), specialty trades (Roadway Electric, JPP Mechanical), and adjacent services (Blue Clean Water, JFW Solar). In 2026 the company ranked #25 on ENR's Top 400 Contractors with $7B in revenue, #1 in Domestic Heavy Contracting, and #1 in Transportation.

Name

FlatironDragados

Legal name

Flatiron Dragados USA, Inc. and Flatiron Dragados Canada, Inc.

Website

https://fdcorp.com

Company type

Private

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

FlatironDragados is a North American heavy civil construction company (formed from Flatiron and Dragados, ACS Group subsidiaries) delivering bridges, tunnels, dams, highways, aviation, rail, water, and resiliency infrastructure exclusively for government clients across the U.S. and Canada.

Ownership category

akta.pro rank

Product category

Heavy Civil Construction

NAICS

Heavy and Civil Engineering Construction (237), Highway, Street, and Bridge Construction (237310), Water and Sewer Line and Related Structures Construction (237110), Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Bridges, Viaducts & Elevated Guideway Construction (IMAFAFAF)

akta.pro secondary industries

Bridge & Viaduct Construction (IMAFAEAB), Tunnels & Underground Rail Civil Construction (IMAFAFAE), Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF), Roadside Structures & Ancillary Works (Noise Barriers, Lighting, Guardrails, Fencing) (IMAFAEAJ)

Keywords

• Heavy civil construction
• Infrastructure development
• Bridge construction
• Tunnel construction
• Transportation infrastructure

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Infrastructure Construction Contracts: FlatironDragados generates revenue through fixed-price and cost-plus contracts for heavy civil infrastructure construction. Projects range from $100M to over $1B, with revenue recognized over the construction period. The company serves government clients (federal, state, local) and occasionally private entities on major infrastructure projects.
2. Joint Venture Project Delivery: The company frequently operates through joint ventures with partners like Skanska, Aecon, and Herzog on major projects, with revenue proportionate to ownership stake. Joint ventures allow the company to pursue larger projects and share risk on complex infrastructure.
3. Construction Management Services: Revenue generated through CM/GC, CMAR, and Progressive Design-Build delivery methods where the company provides construction management expertise, often with early contractor involvement during design phases.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

FlatironDragados delivers heavy civil construction services for major public infrastructure projects in the United States and Canada. The company builds and engineers bridges, dams, tunnels, highways, aviation facilities, rail and transit systems, water and wastewater treatment plants, marine structures, and resiliency infrastructure. Projects are delivered through Design-Build, Progressive Design-Build, Construction Manager/General Contractor (CM/GC), Construction Manager at Risk (CMAR), and Public-Private Partnership methods.

Product overview

FlatironDragados is a North American heavy civil construction company operating as a unified platform through two operating companies: FlatironDragados USA and FlatironDragados Canada, both subsidiaries of the ACS Group. The company delivers comprehensive infrastructure construction services organized around distinct service lines: Aviation Infrastructure, Bridge Construction, Dam Construction, Highway Construction, Rail Infrastructure, Tunneling Services, Resiliency Infrastructure, Water and Wastewater Treatment, and Marine Construction. The portfolio also includes a Large Projects Program for signature infrastructure and a Construction Engineering Group providing specialized in-house engineering support. Projects span major infrastructure assets including the Wellsburg Bridge, LAX SkyLink, Hampton Roads Bridge and Tunnel, Site C Dam, Purple Line Rail, and numerous others across the United States and Canada. The company ranked #1 in Domestic Heavy Contracting and #1 in Transportation in ENR's Top 400 rankings with $7 billion in annual revenue.

Differentiator

Problem solved

Functional benefit

Products and services

• Aviation Infrastructure Construction Construction of concourse expansions, taxiways, runways, and apron improvements at major U.S. and Canadian airports using collaborative delivery methods including CM/GC, Progressive Design-Build, and CMAR.
• Bridge Construction Full-spectrum bridge design, engineering, construction and delivery services creating bridges that enhance connectivity and safety while serving as landmarks within communities.
• Dam Construction Construction of dams and hydroelectric power-generation plants, including earthen and roller-compacted concrete structures, as well as emergency repairs.
• Highway Construction Highway infrastructure construction including complex interchanges, major highway expansions, and managed toll highways using multiple delivery methods.
• Rail Infrastructure Construction Rail infrastructure capabilities covering urban transit to high-speed intercity corridors, including track systems, signaling, station development, and rail bridges.
• Tunneling Services Tunnel construction using state-of-the-art technology, construction methodologies and techniques, having constructed more than 100 miles of tunnels through various geological conditions.
• Resiliency Infrastructure Construction Comprehensive protection systems including levees, flood walls and storm surge barriers that defend against extreme weather events while preserving natural environments.
• Water and Wastewater Treatment Construction Construction of conventional water and wastewater facilities, membrane and reverse osmosis/advanced oxidation technology, with self-performed concrete, piping and mechanical work.
• Marine Construction Marine infrastructure including dry dock replacement, seismic repairs, pier and wharf improvements, dredging and site renovations for maritime modernization projects.
• Large Projects Program Delivery of signature large-scale infrastructure projects including highways, bridges, railways, marine works and dams through specialized expertise and resources.
• Construction Engineering Group Services In-house team of licensed engineering professionals experienced in the design and construction of Temporary Works and Construction Engineering, providing custom designed solutions to support project teams' Means and Methods.

Quantifiable outcome

• 100,000+ vehicles per day transported through Hampton Roads Bridge and Tunnel during peak season
• +3 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• CaltranscoreImplementation/ SI/ Consulting Partner · 27 May 2026FlatironDragados, Skanska and Stacy Witbeck joint venture in collaboration with Caltrans and San Diego Association of Governments on North Coast Corridor project. Project earned 2026 SWCPA EPIC Award and APWA Project of the Year Award.
• ArcadiscoreStrategic or Co-development Partner · 13 May 2026FlatironDragados partnered with Arcadis as design partner on $518 million Virginia Beach Windsor Woods, Princess Anne Plaza and The Lakes Stormwater Improvements project. Arcadis developed comprehensive flood protection infrastructure program.
• Turner Construction CompanycoreStrategic or Co-development Partner · 28 April 2026Turner and FlatironDragados partnership on San Diego International Airport Central Utilities Plant modernization. Project delivered four months ahead of schedule and earned AGC Build America Merit Award. Turner is an ACS Group subsidiary like FlatironDragados.
• San Diego County Regional Airport AuthoritycoreImplementation/ SI/ Consulting Partner · 28 April 2026Partner with San Diego County Regional Airport Authority on Central Utilities Plant modernization project at San Diego International Airport. Project delivered four months ahead of schedule.
• Ontario Ministry of TransportationcoreImplementation/ SI/ Consulting Partner · 28 April 2026FlatironDragados Canada Inc. part of consortium working with Ontario Ministry of Transportation and Infrastructure Ontario on QEW Garden City Skyway Bridge Twinning Project planning and design.
• Aecon Group Inc.coreStrategic or Co-development Partner · 25 March 2026FlatironDragados-Aecon Joint Venture (60% FlatironDragados, 40% Aecon) for US$691 million Howard A. Hanson Dam Additional Water Storage Fish Passage Facility project in Washington State. Project expected to begin Q2 2026 with completion in Q3 2031. The joint venture will construct a downstream dam facility with vertically stacked ports to improve water storage capacity and provide salmon access to Green River habitat.
• American Segmental Bridge InstituteminorOthers · 14 November 2025FlatironDragados' US 181 Harbor Bridge project received the 2025 American Segmental Bridge Institute Bridge Award of Excellence in Long Span and Cable-Stayed Bridges category.
• SkanskacoreStrategic or Co-development Partner · 29 September 2025Skanska FlatironDragados JV awarded $1 billion contract for Long Bridge North Project for Virginia Passenger Rail Authority in Washington D.C. Also partnered on LAX airfield and terminal modernization construction contract.
• HerzogcoreStrategic or Co-development Partner · 17 July 2025FlatironDragados and Herzog awarded $414 million contract by Virginia Passenger Rail Authority to build Franconia-Springfield Bypass project. Also partnered on VIA Rapid Green Line project ($446.3M construction portion).
• Skyway Bridging Partners ConsortiumcoreStrategic or Co-development Partner · 16 June 2025FlatironDragados Canada Inc. part of Skyway Bridging Partners consortium selected as Development Phase partner for QEW Garden City Skyway Bridge Twinning Project in Ontario. Consortium includes Green Infrastructure Partners Inc. and Construction Demathieu & Bard Inc., supported by design partners Arcadis and GHD Ltd.

Scale indicators15 records

Recent moves8 records

Expansion highlights4 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FlatironDragados
• LinkedInlinkedin.com/company/flatirondragados
• Instagraminstagram.com/flatirondragados

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FlatironDragados