We examine the expected signal from annihilation events in realistic cold
dark matter halos. If the WIMP is a neutralino, with an annihilation
cross-section predicted in minimal SUSY models for the lightest stable relic
particle, the central cusps and dense substructure seen in simulated halos may
produce a substantial flux of energetic gamma rays. We derive expressions for
the relative flux from such events in simple halos with various density
profiles, and use these to calculate the relative flux produced within a large
volume as a function of redshift. This flux peaks when the first halos
collapse, but then declines as small halos merge into larger systems of lower
density. Simulations show that halos contain a substantial amount of dense
substructure, left over from the incomplete disruption of smaller halos as they
merge together. We calculate the contribution to the flux due to this
substructure, and show that it can increase the annihilation signal
substantially. Overall, the present-day flux from annihilation events may be an
order of magnitude larger than predicted by previous calculations. We discuss
the implications of these results for current and future gamma-ray experiments.Comment: 8 pages, 6 figures; submitted to MNRA