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FAIRFAX, Va., May perhaps 11, 2021 /CNW Telbec/ – CGI (NYSE: GIB) (TSX: GIB.A) was selected by the Office of Defense’s (DoD) Defense Intelligence Company (DIA) for the Alternatives for the Details Technology Business (Website) III IDIQ agreement, developed to streamline the shipping of IT mission assist answers on categorized and unclassified plans across various stability domains across DIA and the Countrywide Geospatial-Intelligence Company (NGA). One of the largest protection and intelligence IT contracts, Web site III carries a 10-calendar year agreement period with $12.6 billion ceiling.
CGI will leverage its experience in providing revolutionary solutions at DIA for this scope of function that involves increasing integration, details sharing and information safeguarding by technologies administration, software administration, system integration and development, and business approach administration alternatives. CGI will broaden its assist to the DIA by delivering imagined management, specialized knowledge and managed assistance answers.
“CGI looks forward to even more increasing its relationship with DIA in featuring IT products and services very important to the protection of the United States,” Stephanie Mango, President, CGI Federal reported. “With our proven ability to innovate and generate solutions for advanced IT problems at army intelligence agencies, CGI is very well positioned to present streamlined, agile alternatives for Web page III and members of intelligence neighborhood.”
About CGI Federal
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI Inc., devoted to partnering with federal businesses to offer options for defense, civilian, healthcare and intelligence missions. Launched in 1976, CGI is amongst the major impartial IT and business consulting solutions companies in the world. With 77,000 consultants and other gurus across the world, CGI delivers an end-to-close portfolio of abilities, from strategic IT and enterprise consulting to devices integration, managed IT and business enterprise course of action services and intellectual property options. CGI will work with shoppers as a result of a nearby partnership model complemented by a world wide shipping community that allows clientele digitally renovate their businesses and accelerate effects. With Fiscal 2020 documented profits of C$12.16 billion, CGI shares are mentioned on the TSX (GIB.A) and the NYSE (GIB). Learn extra at cgi.com.
Forward-wanting data and statements
This push launch incorporates “ahead-searching information” within just the this means of Canadian securities legislation and “forward-wanting statements” in just the meaning of the United States Private Securities Litigation Reform Act of 1995 and other relevant United States safe harbors. All such ahead-on the lookout info and statements are made and disclosed in reliance on the harmless harbor provisions of relevant Canadian and United States securities laws. Ahead-seeking facts and statements incorporate all data and statements concerning CGI’s intentions, ideas, anticipations, beliefs, aims, long run functionality, and system, as well as any other info or statements that relate to upcoming events or circumstances and which do not immediately and solely relate to historic information. Forward-searching information and facts and statements frequently but not constantly use words this sort of as “believe that”, “estimate”, “assume”, “intend”, “foresee”, “foresee”, “system”, “predict”, “project”, “goal”, “seek”, “try”, “prospective”, “continue”, “concentrate on”, “may well”, “could”, “could”, “really should”, and equivalent expressions and versions thereof. These info and statements are primarily based on our notion of historic tendencies, current disorders and envisioned foreseeable future developments, as perfectly as other assumptions, both standard and distinct, that we imagine are correct in the instances. These kinds of info and statements are, nonetheless, by their incredibly character, subject to inherent hazards and uncertainties, of which lots of are further than the command of CGI, and which give rise to the probability that actual effects could differ materially from our expectations expressed in, or implied by, this sort of ahead-on the lookout info or ahead-wanting statements. These hazards and uncertainties include things like but are not limited to: threats linked to the current market this sort of as the stage of company action of our clientele, which is influenced by financial problems, and our means to negotiate new contracts risks associated to our industry such as levels of competition and our ability to attract and keep competent workers, to establish and extend our products and services, to penetrate new marketplaces, and to shield our mental home rights hazards associated to our small business these as dangers involved with our progress approach, which includes the integration of new operations, financial and operational risks inherent in around the world functions, foreign trade dangers, profits tax rules, our capability to negotiate favorable contractual terms, to deliver our companies and to collect receivables, and the reputational and financial dangers attendant to cybersecurity breaches and other incidents as effectively as other hazards discovered or integrated by reference in this push launch, in CGI’s annual and quarterly MD&A and in other paperwork that we make general public, such as our filings with the Canadian Securities Administrators (on SEDAR at www.sedar.com) and the U.S. Securities and Trade Commission (on EDGAR at www.sec.gov). Except if usually mentioned, the ahead-looking info and statements contained in this push release are built as of the day hereof and CGI disclaims any intention or obligation to publicly update or revise any ahead-seeking details or forward-on the lookout statements, no matter whether as a final result of new information, potential situations or usually, apart from as necessary by applicable legislation. Even though we think that our assumptions on which these ahead-hunting info and forward-looking statements are based have been reasonable as at the date of this press launch, viewers are cautioned not to put undue reliance on these ahead-looking details or statements. Furthermore, viewers are reminded that ahead-searching info and statements are offered for the sole reason of aiding traders and others in knowing our aims, strategic priorities and small business outlook as effectively as our predicted working surroundings. Viewers are cautioned that such facts may not be suitable for other needs. More facts on the threats that could cause our precise success to differ drastically from our latest anticipations may be discovered in the section titled “Risk Setting” of CGI’s once-a-year and quarterly MD&A, which is included by reference in this cautionary statement. We also caution readers that the earlier mentioned-stated pitfalls and the threats disclosed in CGI’s yearly and quarterly MD&A and other paperwork and filings are not the only kinds that could influence us. Extra threats and uncertainties not at present regarded to us or that we at present deem to be immaterial could also have a product adverse outcome on our economical position, economic general performance, cash flows, enterprise or status.
Source CGI Inc.
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