SAIC vice president and regional manager Steve Rizzi, who will be leading the cyber security R&D centre, said the company was looking forward to expanding its business in Melbourne.
'R&D and innovation are fundamental strengths for SAIC, and the Asia Pacific market is an important growth area for the company,' Mr Rizzi said.
'Opening the centre in Melbourne enables SAIC researchers to develop new innovations for our customers in the region, using a world-class talent pool while leveraging opportunities from the R&D Tax Credit and the NBN rollout.
'SAIC's Melbourne cyber security centre will work with the Asia Pacific region's leading technology and security specialists on some of the world's most pressing challenges and deliver products that will protect critical infrastructure and make the region a better place.'
The 50 new jobs created by the establishment of the cyber security R&D centre will be directed toward high-end defence simulation, cyber security and related defence areas.
Minister for Manufacturing, Exports and Trade Richard Dalla-Riva said: 'The centre will provide a collaborative space for SAIC researchers to develop hardware and software to protect information and critical infrastructure from cyber attacks.'
'SAIC has a global reach and reputation for creating innovative new products for government, industry and the community.
'Attracting a global company like SAIC to Victoria, and commitment to 50 new jobs, is a vote of confidence in our state's ability to compete on a global scale.'
Minister for Technology Gordon Rich-Phillips welcomed SAIC's investment in Victoria.
'The creation of the centre and announcement of 50 new highly skilled jobs for Victoria is a significant boost to our technology scene,' Mr Rich-Phillips said.
'The growing shift towards cloud computing, use of high speed broadband networks and increased threats of cyber attacks is leading to a new need for cyber security development.
'This investment proves once again that Melbourne is a vital hub in the Asia Pacific for global innovation and technology R&D.'