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FAIRFAX, Va., Might 11, 2021 /PRNewswire/ – CGI (NYSE: GIB) (TSX: GIB.A) was selected by the Division of Defense’s (DoD) Defense Intelligence Company (DIA) for the Alternatives for the Data Engineering Business (Site) III IDIQ contract, designed to streamline the shipping of IT mission support methods on labeled and unclassified courses throughout a number of security domains across DIA and the Nationwide Geospatial-Intelligence Company (NGA). A single of the biggest defense and intelligence IT contracts, Web page III carries a 10-12 months deal interval with $12.6 billion ceiling.
CGI will leverage its working experience in providing innovative remedies at DIA for this scope of operate that includes increasing integration, information and facts sharing and data safeguarding by technological know-how management, software administration, system integration and enhancement, and small business procedure administration remedies. CGI will expand its support to the DIA by providing believed leadership, specialized abilities and managed support remedies.
“CGI looks ahead to further more growing its connection with DIA in presenting IT companies essential to the safety of the United States,” Stephanie Mango, President, CGI Federal explained. “With our verified means to innovate and create alternatives for complicated IT problems at armed forces intelligence companies, CGI is very well positioned to present streamlined, agile options for Website III and members of intelligence neighborhood.”
About CGI Federal
CGI Federal Inc. is a wholly-owned U.S. functioning subsidiary of CGI Inc., focused to partnering with federal businesses to present options for defense, civilian, healthcare and intelligence missions. Established in 1976, CGI is between the premier impartial IT and business consulting providers corporations in the environment. With 77,000 consultants and other experts across the world, CGI delivers an end-to-conclusion portfolio of abilities, from strategic IT and business enterprise consulting to devices integration, managed IT and small business approach companies and intellectual assets solutions. CGI operates with customers by a nearby romantic relationship design complemented by a world wide shipping and delivery community that allows customers digitally completely transform their corporations and speed up final results. With Fiscal 2020 claimed revenue of C$12.16 billion, CGI shares are shown on the TSX (GIB.A) and the NYSE (GIB). Learn additional at cgi.com.
Ahead-wanting facts and statements
This press launch incorporates “ahead-hunting data” inside the that means of Canadian securities rules and “ahead-looking statements” within the this means of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbors. All this kind of ahead-looking facts and statements are made and disclosed in reliance upon the harmless harbor provisions of relevant Canadian and United States securities legal guidelines. Forward-wanting information and facts and statements incorporate all details and statements concerning CGI’s intentions, plans, expectations, beliefs, aims, potential overall performance, and strategy, as very well as any other information or statements that relate to long term events or circumstances and which do not instantly and exclusively relate to historical facts. Ahead-looking data and statements generally but not usually use words and phrases such as “think”, “estimate”, “hope”, “intend”, “foresee”, “foresee”, “prepare”, “predict”, “task”, “aim”, “seek”, “attempt”, “potential”, “continue”, “target”, “may perhaps”, “might”, “could”, “should really”, and similar expressions and variations thereof. These details and statements are primarily based on our notion of historic developments, current ailments and anticipated long term developments, as perfectly as other assumptions, each general and unique, that we believe are acceptable in the circumstances. Such information and facts and statements are, nonetheless, by their really nature, matter to inherent risks and uncertainties, of which quite a few are over and above the management of CGI, and which give rise to the probability that true effects could vary materially from our expectations expressed in, or implied by, these types of forward-looking information and facts or forward-looking statements. These challenges and uncertainties incorporate but are not limited to: threats similar to the market place these kinds of as the amount of business action of our consumers, which is impacted by economic ailments, and our potential to negotiate new contracts hazards connected to our business these as competitors and our skill to draw in and keep competent employees, to create and increase our services, to penetrate new marketplaces, and to safeguard our mental home rights threats associated to our business this sort of as hazards linked with our expansion approach, which include the integration of new functions, economical and operational threats inherent in globally functions, foreign trade hazards, earnings tax legislation, our capability to negotiate favorable contractual phrases, to deliver our expert services and to obtain receivables, and the reputational and economical risks attendant to cybersecurity breaches and other incidents as properly as other dangers discovered or included by reference in this push release, in CGI’s annual and quarterly MD&A and in other paperwork that we make public, like our filings with the Canadian Securities Administrators (on SEDAR at www.sedar.com) and the U.S. Securities and Exchange Fee (on EDGAR at www.sec.gov). Unless usually mentioned, the forward-looking data and statements contained in this press release are produced as of the date hereof and CGI disclaims any intention or obligation to publicly update or revise any ahead-looking facts or ahead-on the lookout statements, no matter whether as a consequence of new information, upcoming events or in any other case, except as essential by applicable legislation. When we feel that our assumptions on which these forward-seeking info and ahead-looking statements are dependent had been fair as at the day of this press release, audience are cautioned not to position undue reliance on these forward-on the lookout info or statements. Additionally, audience are reminded that ahead-wanting facts and statements are presented for the sole reason of assisting buyers and other folks in comprehension our goals, strategic priorities and business enterprise outlook as perfectly as our expected running environment. Visitors are cautioned that this kind of info may perhaps not be proper for other applications. Even further details on the threats that could cause our true effects to differ drastically from our latest expectations may perhaps be discovered in the part titled “Possibility Surroundings” of CGI’s yearly and quarterly MD&A, which is integrated by reference in this cautionary assertion. We also caution readers that the over-mentioned challenges and the dangers disclosed in CGI’s once-a-year and quarterly MD&A and other files and filings are not the only ones that could impact us. Added dangers and uncertainties not presently recognized to us or that we at present deem to be immaterial could also have a substance adverse impact on our financial position, financial general performance, money flows, company or standing.
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