Your transom should be 1 1/2" thick which is strong enough for outboards (assuming is not rotted). The problem you will have is the boat was made to be used with an I/O, so not too much re enforcing was done on the transom. All you have to do (again, if the transom is solid) tie knees from the original stringers (assuming are not rotted) to the transom using EPOXY resin and using at least 1708 glass. When remove the engine clean all the old engine, remove the engine mounts and install two new stringers/knees combination between the transom and engine "room" front bulkhead(assuming the bulkhead is solid).
Oh, make sure you close the hole from the outdrive. :mrgreen:
....and while you at it, mind as well install two layers of 1708 glass on the inside of the transom overlapping the hull sides and the bottom (inside) of the boat by at least a foot. First layer overlap 12" , second layer overlap 15" is ideal.