FAIRFAX, VA, July 19, 2017 - CGI (NYSE: GIB) (TSX: GIB.A) announced that it has been awarded several contracts totaling US$92.5M from the U.S. Army to provide varying degrees of support across four separate Aviation and Missile Command (AMCOM) programs. Each of the contracts was awarded to CGI as part of a subcontracting team to the incumbent prime contractor and each are five years in length if all option years were to be exercised.
AMCOM develops and delivers responsive aviation, missile and calibration materiel readiness to the U.S. Army in order to optimize joint warfighter capabilities at the point of need. As a Life Cycle Management Command, AMCOM is dedicated to providing integrated engineering, logistics and contracting to more than 90 major aviation and missile systems throughout their lifecycles, which accounts for roughly half the systems in the U.S. Army.
The contract awards are spread over four different programs within AMCOM:
- In conjunction with its partners, CGI will provide the Precision Fires Rocket and Missile Systems (PFRMS) Project Office with acquisition process and software development support. Specifically, CGI has been tasked to provide continued services for the Multiple Launch Rocket System (MLRS) Precision Guided Munitions acquisition and programmatic process. CGI will also support the acquisition process and software development for MLRS launchers as well as the MLRS documentation configuration management process.
- CGI will continue to assist the AMCOM Logistics Center (ALC) with Reliability Improvement through Failure Identification and Reporting (RIMFIRE) process support. The RIMFIRE process is a closed-loop system designed to identify and track root equipment failure causes, determine candidates for corrective action and verify the effectiveness of corrective actions. Successful identification and correction of design errors, manufacturing defects, improper maintenance and early wear can help improve equipment reliability.
- In continuing a long-standing engagement with the Utility Helicopter Project Management Office (UHPMO), CGI will ensure successful execution of UHPMO acquisition initiatives for the U.S. Army's UH-60 Black Hawk helicopter program. As part of its solution, CGI will help enable various mission requirements including ongoing research and development, production, sustainment, modifications, retrofit, Foreign Military Sales (FMS), modernization and recapitalization programs in support of the Army's UH-60 fleet.
- CGI will provide configuration, data management, status accounting, and standardization services for AMCOM's Research, Development and Engineering Center's (RDEC) Technical Data Management Division (TDMD) in direct support of AMCOM's weapon systems and soldiers. As part of the team, CGI will help ensure that TDMD's technical data is accurate for both configuration management of weapon systems and procurement actions, thereby benefitting the soldier in the field.
"We are honored to once again be chosen to support the U.S. Army through our continued engagement with these critical AMCOM programs that directly support the warfighter," said Tim Hurlebaus, President, CGI Federal. "CGI has the subject matter expertise and contract experience to deliver unique insight into these AMCOM programs and processes. Our proven track record demonstrates that our members have time and time again provided both the Army and our teaming partners with responsive and cost-effective services and solutions."
About CGI Federal
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, healthcare and intelligence missions. Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 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"), in CGI's Annual Report, 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), and in 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.
For more information:
Executive Vice-President, Global Communications and Investor Relations
Vice-President, U.S. Communications