CGI Inc. announces that CGI Federal Inc. acquired Array Holding Company, Inc. (ARRAY), a leading digital services provider that optimizes mission performance for the U.S. Department of Defense and other government organizations.
This merger will expand CGI Federal’s footprint into strategic markets, such as the U.S. Air Force and Space Command and add to its digital modernization and DevOps capabilities. The two companies entered into a definitive agreement on July 16, 2021 and the transaction closed on Oct. 1, 2021.
ARRAY brings approximately 275 professionals to CGI, while enhancing and accelerating CGI’s position as a leading provider of digital modernization services to meet the growing demand of U.S. public sector clients. The combined portfolio of enterprise application expertise in modernization, DevSecOps, cloud, data analytics and cybersecurity further strengthens CGI’s position as a powerful end-to-end solutions provider to federal, state and local governments.
"ARRAY has made significant contributions to the missions of U.S. government organizations. This transaction is consistent with CGI’s ‘Build and Buy’ strategy and will expand CGI’s reach into strategic public sector markets.”
CGI Federal President Stephanie Mango
About CGI Federal
CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Inc. (CGI), is dedicated to partnering with U.S. federal agencies to provide solutions for defense, civilian, healthcare and intelligence missions. Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 78,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2020 reported revenue of C$12.16 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Forward-looking information and statements
This press release contains "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbors. All such forward-looking information and statements are made and disclosed in reliance upon the safe harbor provisions of applicable Canadian and United States securities laws.
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For more information:
Vice-President, Investor Relations
Manager, Public Relations