DRAVO CORP
8-K/A, 1995-06-09
MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS)
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D. C. 20549

                                 FORM 8-K/A
                               Current Report

                   PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported):  May 24, 1995

                             DRAVO SAVINGS PLAN
           (Exact name of registrant as specified in its charter)

                                   1-5642
                            (Commission file no.)

           Pennsylvania                                  25-0447860          
(State or other jurisdiction of                        (I.R.S. employer
  incorporation)                                        identification no.)


                3600 One Oliver Plaza, Pittsburgh, PA. 15222
                  (Address of principal executive offices)
  

     Registrant's telephone number, including area code:  (412) 566-3000
























     Item 4.  Changes in Registrant's Certifying Accountant.
         
          Previously filed on June 1, 1995.

Item 7. Financial Statements and Exhibits

     (a)  Financial Statements of Businesses Acquired.

            Not applicable.

     (b)  Pro Forma Financial Information.

            Not applicable.

     (c)  Exhibits

            16. Letter re Change in Certifying Accountant.








































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                               SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the
undersigned hereunto duly authorized.



DRAVO SAVINGS PLAN

By: ERNEST F. LADD III                          Date: June 9, 1995

Chairman, Dravo Corporation
  Retirement Board









































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                                 Exhibit 16

June 7, 1995

Securities and Exchange Commission
Washington, D.C. 20549

Ladies and Gentlemen:

We were previously principal accountants for the Dravo Savings Plan and, under
the date of June 17, 1994, we reported on the financial statements of the Dravo
Savings Plan as of and for the years ended December 31, 1993 and 1992.  On May
24, 1995, our appointment as principal accountants was terminated.  We have
read the Dravo Savings Plan's statements included under item 4 of its Form 8-K
dated June 1, 1995, and we agree with such statements except that we are not
in a position to agree or disagree with the Dravo Savings Plan's statements
that the change was authorized by Dravo Corporation's Retirement Board or that
the successor firm was engaged on May 22, 1995; additionally, although we
reviewed a preliminary draft of the Form 8-K as of June 1, 1995, the final Form
8-K was received on June 5, 1995.

Very truly yours,





KPMG PEAT MARWICK LLP




















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