The Horatio Alger Association of Distinguished Americans has announced that J. Robert Beyster, retired chairman and CEO of Science Applications International Corp. (NYSE: SAI), will be presented with the 2008 Horatio Alger Award and inducted as a lifetime member of the association in April.
The ceremony will take place in Washington, D.C. Eight California high school seniors will also be awarded.
Beyster was born in Detroit, Mich. in 1924. Following World War II, he earned his master's and doctoral degrees in engineering at the University of Michigan and relocated to San Diego to chair the Accelerator Physics Department of General Atomics.
In 1969, Beyster mortgaged his home to raise money to start Scientific Applications Inc. with a few fellow scientists. The company was renamed Scientific Applications International Corp. as it expanded its operations.
SAIC now oversees projects for commercial and government customers related to information technology, systems integration and eSolutions, national and homeland security, energy, the environment, space, telecommunications, health care and logistics.