SAIC Donates $250,000 to the U.S. Naval Academy Foundation to Support the Creation of a Center for Cyber Security Studies – Company to Support the Navy’s Increased Focus on Cyber Security and Cyber Warfare
MCLEAN, Va., April 8, 2010 — Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has donated $250,000 to the U.S. Naval Academy Foundation to support the creation of a Center for Cyber Security Studies at the academy. Creation of the center is part of the Navy’s increased focus on cyber security and cyber warfare. Last fall, the Navy reactivated its 10th Fleet as the U.S. Navy’s Fleet Cyber Command/10th Fleet. The command will serve as the naval component within U.S. Cyber Command.
The center will enhance educational opportunities available to midshipmen, faculty and staff by supporting the study of cyber security and cyber warfare, and will serve as a center for curricular innovation, community outreach, and learning. SAIC Senior Vice President and Business Unit General Manager Larry Cox presented the donation to the academy on March 3.
"SAIC is a leading private sector center of cyber expertise. We understand how critical this field is to the future of this nation," said SAIC Chief Executive Officer Walt Havenstein. "In addition, we strongly support STEM (science, technology, engineering and mathematics) education, which is, of course, something at which the academy excels. Helping the academy maintain its excellence in this crucial field is therefore doubly appropriate for SAIC."
The U. S. Naval Academy Foundation is an independent, non-profit corporation that raises resources to supplement federal funds to improve the education and training offered at the academy. Private funds are also used to jump start and operate new programs until appropriated funds become available. These programs can have significant impact on the quality of the education provided at the academy, the development of future Navy and Marine Corps officers, and ultimately, the long-term security of the nation.
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company’s approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2010. For more information, visit www.saic.com. SAIC: From Science to Solutions(R)