CGI (NYSE: GIB) (TSX: GIB.A) today announced that it has been awarded part of the Navy’s estimated US$809.48 million multiple award, indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, firm-fixed-price task order contract to obtain process improvement, reengineering, management and data support services, to include Navy Enterprise Resource Planning sustainment on behalf of Naval Supply Systems Command (NAVSUP) Business Systems Center (BSC). CGI is one of eight awardees on this contract. Each contract includes a 12-month base period with four 12-month option periods. If all options are exercised, work will be completed by July 2020.
NAVSUP BSC provides worldwide mission support in process management and data services to support current and future Navy requirements. CGI will assist NAVSUP BSC with a variety of services, including:
- Data governance and analysis
- Business process re-engineering and management
- Business system engineering and integration
CGI has a long history of delivering mission support solutions to the U.S. military. “This is an exciting opportunity to work with the Navy on a global scale to provide Enterprise Resource Planner (ERP) solutions that help drive cost efficiencies and improve systems,” said CGI Senior Vice President for U.S. Defense Programs Patrick Dougherty.
CGI delivers leading IT solutions and end-to-end service offerings that help clients successfully manage ERP business processes and data challenges and opportunities around the globe. “CGI is committed to delivering business systems and processes that enable the Navy to be more agile and effective as a global force,” said Tim Hurlebaus, president of CGI Federal Inc. “We will continue to leverage our full capabilities to support NAVSUP BSC in both their existing and future requirements.
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 65,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.
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 and quarterly Management’s Discussion and Analysis (“MD&A”) and in other public disclosure documents , in CGI’s Annual Report, and in the Company’s Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), in CGI’s Annual Report on Form 40-F filed withand the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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.
For more information:
Executive Vice-President, Global Communications and Investor Relations
Vice-President, Global Communications, CGI