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FAIRFAX, Va., May 11, 2021 / PRNewswire / – CGI (NYSE: GIB) (TSX: GIB.A) was selected by the Defense Intelligence Agency (DIA) of the Department of Defense (DoD) for the IDIQ Agreement for Solutions for the Information Technology Enterprise (SITE) III, which optimizes the delivery of IT mission support solutions seeks classified and unclassified programs in several security areas by DIA and the National Geospatial-Intelligence Agency (NGA). One of the biggest Defense and Intelligence IT contracts, SITE III has a contract term of 10 years with $ 12.6 billion Blanket.
CGI will leverage its experience in providing innovative solutions at DIA for this area of work, which includes enhancing integration, information sharing, and information protection through technology management, application management, systems integration and development, and business process management solutions. CGI will expand its support for the DIA by providing thought leaders, technical expertise and managed service solutions.
“CGI looks forward to expanding its relationship with DIA and providing IT services that are critical to DIA’s security The United States, ” Stephanie Mango, President, said CGI Federal. “With our proven ability to innovate and develop solutions to complex IT challenges in military intelligence, CGI is well positioned to provide optimized, agile solutions for SITE III and members of the intelligence community.”
About CGI Federal
CGI Federal Inc.. is a wholly-owned US subsidiary of CGI Inc. dedicated to working with federal agencies to provide solutions for defense, civil, health, and intelligence missions. CGI was founded in 1976 and is one of the largest independent IT and management consulting companies in the world. With 77,000 consultants and other professionals around the world, CGI offers a comprehensive 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 customers through a local relationship model that is complemented by a global delivery network that helps customers digitally transform their organizations and accelerate results. With the 2020 financial year reported income of $ 12.16 billionCGI shares are listed on the TSX (GIB.A) and NYSE (GIB). Learn more at cgi.com.
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 Private Securities Litigation Reform Act of 1995 and other applicable safe havens in the United States. All such forward-looking information and statements are made and disclosed in reliance on the safe harbors of applicable Canadian and US securities laws. Forward-looking information and statements include all information and statements relating to the intentions, plans, expectations, beliefs, goals, future performance and strategy of CGI, as well as all other information or statements relating to future events or circumstances that are not directly related focus solely on historical facts. Forward-looking information and statements often, but not always, use words such as “believe”, “estimate”, “expect”, “intend”, “anticipate”, “anticipate”, “plan”, “predict”, “project”. “aim”, “seek”, “strive”, “potentially”, “continue”, “aim”, “may”, “could”, “could”, “should” and similar expressions and variations thereof. This information and statements are based on our perception of historical trends, current conditions and expected future developments as well as other general and specific assumptions that we believe to be reasonable under the given circumstances. However, such information and statements are inherently subject to inherent risks and uncertainties, many of which are beyond the control of CGI and which create the possibility that actual results could differ materially from our expectations or implied by such forward-looking information or statements. These risks and uncertainties include, but are not limited to: market risks such as our customers’ business operations being influenced by economic conditions and our ability to negotiate new contracts; Risks related to our industry such as competition and our ability to attract and retain qualified employees, develop and expand our services, enter new markets and protect our intellectual property rights; Risks related to our business, such as B. Risks related to our growth strategy, including the integration of new business areas, financial and operational risks associated with global operations, exchange rate risks, income tax laws, our ability to negotiate favorable terms and conditions to provide our services and claims, and those with violations collect reputational and financial risks associated with cybersecurity and other incidents; and other risks identified in this news release, CGI’s annual and quarterly MD&A, and other documents we publish, including our filings with the Canadian Securities Administrators (on SEDAR at www.sedar.com) and the US Securities and Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise stated, forward-looking information and statements contained in this press release apply as of the date of this press release. CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements as of new information, future events or otherwise, except as required by law. While we believe that our assumptions on which these forward-looking information and statements are based were reasonable as of the date of this press release, readers are cautioned not to place undue reliance on these forward-looking information or statements. Additionally, readers are cautioned that forward-looking information and statements are only intended to assist investors and others in understanding our goals, strategic priorities and business prospects, and our expected operating environment. Readers are cautioned that such information may not be suitable for other purposes. For more information about the risks that could cause our actual results to differ materially from our current expectations, please refer to the Risk Environment section of the CGI Annual and Quarterly MD&A referred to in this cautionary statement. We also caution readers that the risks identified above and the risks identified in CGI’s annual and quarterly MD&A and other documents and filings are not the only ones that may affect us. Additional risks and uncertainties that we are not currently aware of or that we currently believe to be immaterial can also have a material adverse effect on our financial condition, financial performance, cash flows, business operations or reputation.
SOURCE CGI Inc.