SAIC Donates $500,000 to University of Southern California’s Viterbi School of Engineering
MCLEAN, Va. and LOS ANGELES, June 28 /PRNewswire-FirstCall/ — Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it will donate $500,000 to the University of Southern California’s Viterbi School of Engineering over the next five years. As part of SAIC’s Strategic University Alliances Program, the donation reflects SAIC’s commitment to supporting science, technology, engineering and math (STEM) educational programs that are helping develop the innovative workforce of the 21st century.
The Viterbi School is one of the nation’s leading engineering institutions in the fields of aerospace, astronautics and space technology; biomedical, chemical, civil; computer science and engineering; electrical, environmental, industrial systems, materials science; and mechanical engineering and systems architecture. The Viterbi School offers 1,800 undergraduate students more than 30 degree options, and provides its 3,300 graduate students with advanced studies in over 25 fields. Ken Dahlberg, SAIC’s former Chair of the Board of Directors and CEO, received a master’s degree in electrical engineering from USC in 1969.
“To recognize Ken’s many contributions to SAIC, we are extending our Strategic University Alliances Program to include USC,” said Walt Havenstein, SAIC chief executive officer. “Engineering will be the driver of the new century, helping solve economic and social problems, from energy, to climate, to health, to sustainability. We look forward to supporting the Viterbi School as they help lead this transformation.”
“We are grateful to SAIC for their gift, which supports the vision of the Viterbi School,” said Dean Yannis Yortsos, USC Viterbi School of Engineering. “We are more pleased that it comes as a recognition of Ken Dahlberg, a loyal friend, alumnus and advisor to the School. We share our appreciation for his visionary technological and corporate leadership and are looking forward to continuing our strong relationship with him and with SAIC for many years to come.”
SAIC is a FORTUNE 500Ã‚® 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 $10.8 billion for its fiscal year ended January 31, 2010. For more information, visit www.saic.com. SAIC: From Science to SolutionsÃ‚®
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC’s Annual Report on Form 10-K for the period ended January 31, 2010, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
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