SAIC CEO Walt Havenstein Named Chairman of the Board for Not-For-Profit Organization FIRST® (For Inspiration and Recognition of Science and Technology)
Havenstein to Continue his Support of FIRST, helping Inspire Young People's Interest and Participation in Science and Technology
MCLEAN, Va., June 2 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that Chief Executive Officer Walt Havenstein has been elected as chairman of the board of directors for FIRST® (For Inspiration and Recognition of Science and Technology), a not-for-profit organization founded by inventor Dean Kamen to inspire young people's interest and participation in science and technology.
FIRST works to inspire students from kindergarten through high school to be science and technology leaders. The organization hosts events including robotics competitions at local, regional and national levels, engaging students in mentor-based programs that build science, engineering and technology skills, and encourage innovation. As chairman, Havenstein will develop new partnerships and mentorships with the goal of creating and maintaining robust, volunteer-driven and self-sustaining programs. He has been a member of the FIRST Board of Directors since 2006.
"Walt brings such a wealth of knowledge to our organization," said Kamen, founder of FIRST and CEO of DEKA Research and Development. "I am looking forward to benefiting from the wisdom and experience that Walt adds to our team of directors and I am excited to see what great things will happen for FIRST and the community under Walt's leadership."
As part of its enterprise-wide program to help inspire, engage and educate students in K-12 science, technology, engineering, and mathematics (STEM) education, SAIC formed a strategic relationship with FIRST in January 2010. Through participation in these programs, employee volunteers across the nation from SAIC and other companies can encourage the development of problem solving, critical thinking, creative and innovative reasoning skills in students K-12, and provide them with a foundation and proven path to college, and career success in STEM-related fields. Havenstein's appointment as chairman further underscores SAIC's commitment to these initiatives.
"For America to remain economically competitive, our next generation of leaders must develop the critical-reasoning and problem-solving skills that will help make them productive. FIRST addresses this challenge, inspiring young people to be science and technology leaders," said Havenstein. "I look forward to furthering my support of FIRST, as they continue to inspire innovation, and foster well-rounded life capabilities including self-confidence, communication, and leadership – skills at the heart of today's high-tech, high-skill global economy."
About FIRST®
Accomplished inventor Dean Kamen founded FIRST® (For Inspiration and Recognition of Science and Technology) in 1989 to inspire an appreciation of science and technology in young people. Based in Manchester, N.H., FIRST designs accessible, innovative programs to build self-confidence, knowledge, and life skills while motivating young people to pursue opportunities in science, technology, and engineering. With support from three out of every five Fortune 500 companies and more than $12 million in college scholarships, the not-for-profit organization hosts the FIRST® Robotics Competition (FRC® ) and FIRST® Tech Challenge (FTC® ) for high-school students, FIRST® LEGO® League (FLL® ) for 9 to 14-year-olds, (9 to 16-year-olds outside the U.S. and Canada) and Junior FIRST® LEGO® League (Jr.FLL™) for 6 to 9-year-olds. Gracious Professionalism™ is a way of doing things that encourages high-quality work, emphasizes the value of others, and respects individuals and the community. To learn more about FIRST, go to www.usfirst.org.
About SAIC
SAIC is a FORTUNE 500® 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 Solutions®
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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