CGI wins US$11 million contract with Marine Corps Systems Command
The Marine Corps Systems Command (MARCORSYSCOM) has awarded CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB; TSX: GIB.A), a US$11 million dollar firm-fixed-price contract over five years. This competitively-awarded contract will support multiple, critical U.S. Marine Corps Manpower Management Support Branch (MMSB) information technology applications.
Under the award, CGI will provide network support, information assurance, system maintenance, application enhancements and support of MMSB daily business operations. The primary focus of the work will be to ensure systems availability and accurate record transmission and reporting in order to help maintain continuity of operations for the U.S. Marine Corps’ promotion boards.
“We look forward to continuing a great partnership with MMSB,” said George Schindler, President, CGI Federal. “Our team delivers expertise in technology, engineering, and systems enhancements that will continue to meet the needs of our valued client.”
“This contract continues the support that we have been providing to MMSB over the past five years,” said Amy Ygbuhay, Vice President, CGI. "We are very excited as this contract brings together a seasoned project team and an outstanding client. We are also proud to continue our 21-year partnership with the U.S. Marine Corps, which now spans 27 separate programs.”
About CGI Federal Inc.
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to partnering with federal agencies to provide solutions for defense, civilian, and intelligence missions. Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centers of excellence in the United States, Canada, Europe and Asia Pacific. CGI’s order backlog is approximately C$13.6 billion and its annualized revenue is approximately C$4.5 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both, the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
Forward- Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are “forward-looking information” within the meaning of Canadian securities laws. These statements and this information represent CGI’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include but are not restricted to: the timing and size of new contracts; acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly evolving IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI’s Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), the Company’s Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words “believe,” “estimate,” “expect,” “intend,” “anticipate,” “foresee,” “plan,” and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
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