The Space and Naval Warfare Systems Command (SPAWAR) has awarded CGI Federal Inc. (CGI) (NYSE: GIB; TSX: GIB.A), a $50.3M contract to provide IT support services for its ongoing data center consolidation program.
The Navy Data Center and Application Optimization (DCAO) program aims to increase efficiencies by consolidating the Navy’s many legacy data centers. Under its contract, CGI will deliver overall project management and IT support services for the effort to consolidate and modernize 61 legacy Navy sites and approximately 5,614 servers.
“CGI is proud to support the Space and Naval Warfare Systems Command in its effort to reduce cost through consolidation,” said Dr. James Peake, Lt. Gen. (Ret), President, CGI Federal. “By leveraging our existing corporate frameworks and capabilities, CGI will play a valuable role in helping the Space and Naval Warfare Systems Command achieve its goal of increasing IT efficiencies.”
CGI has been providing support services to SPAWAR commands for more than 19 years. This work includes systems engineering, integration, test and evaluation, information assurance, configuration management, logistics, training and production, and integration services. This new contract allows CGI to expand its footprint within the Navy and further apply its technical expertise toward the goal of making the Pentagon more efficient.
“We are honored to have been chosen to support this important initiative,” said Timothy J. Hurlebaus, CGI Federal senior vice president and National Security and Defense Programs business unit leader. “With the help of CGI, the Navy will work to eliminate duplicative systems, potentially saving taxpayers billions of dollars.”
This new award is a cost-plus-fixed-fee and firm price task order. It includes a one-year base and four one-year option periods. The work will primarily be performed in San Diego, CA, Charleston, SC and New Oreleans, LA with additional work taking place at various Navy sites
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 the fifth largest independent information technology and business process services firm in the world. Approximately 68,000 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 a wide range of proprietary solutions. With annual revenue in excess of C$10 billion and an order backlog of approximately C$19 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.
CGI 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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Vice-President, Global Communications