The U.S. Army Communications-Electronics Command (CECOM), Fires Software Engineering Division (FSED), has awarded CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a US$89.4 million contract to provide system and software engineering support services. The contract has a one-year base with one, one-year option period.
CECOM is one of the Army's premier Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities provider. A subordinate of the Army Materiel Command, CECOM and its strategic partners are vital members of the new Materiel Enterprise, providing C4ISR systems and sustainment to Army forces through the Army Force Generation process.
Under the contract, CGI will provide C4ISR support across the lifecycle of artillery support systems, including software development and fielding. Work will be primarily performed at CGI’s Systems Engineering Center of Excellence in Lawton/ Fort Sill, Okla., which provides U.S. defense clients with services such as information security, training, simulation, and quality-control.
“We are pleased to continue our 30-year partnership with CECOM and FSED,” said Randy Brooks, Senior Vice-President, CGI. “Our proven ability to deliver rapid, interoperable, and cost-effective technology support helps CECOM protect our U.S. military members by delivering mission-critical systems, including those for field artillery mission command, radar, and handheld devices.”
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 Canada, the United States, Europe and Asia Pacific. As at September 30, 2011, CGI's revenue was $4.3 billion and its order backlog was $13.5 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com/usfederal.
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 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.
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