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New 25-year Canadian partnership aims
to reimagine aircrew training
OTTAWA,
ON, Dec. 17, 2024 /PRNewswire/ - CGI,
(TSX: GIB.A) (NYSE: GIB) one of the largest independent IT and
business consulting services firms in the world, and SkyAlyne, a
leading provider of military pilot and aircrew training in
Canada, announce the signing of a
25-year agreement.
This strategic partnership is set to build SkyAlyne's
operational capabilities, streamline processes, and drive
innovation for Canada's Department
of National Defence Future Aircrew Training (FAcT) program. Under
the terms of the agreement, CGI will deliver a comprehensive suite
of services, including cybersecurity, cloud computing, end-user
services and infrastructure management. CGI's extensive experience
in IT and consulting will help SkyAlyne reimagine aircrew training
for the Royal Canadian Air Force (RCAF), consolidating three
aircrew training operations under SkyAlyne and the Government of
Canada's joint management.
"SkyAlyne has found the ideal Canadian-founded information
technology partner to help us design the IM/IT solution for the
FAcT program and deliver on execution," said Kevin Lemke, SkyAlyne's senior executive. "CGI
is perfectly positioned to help shape and execute our information
technology roadmap and infrastructure and help us drive operational
excellence. This partnership will help SkyAlyne deliver a
world-leading military aircrew training solution to the Royal
Canadian Air Force, ensuring RCAF aircrew are equipped with the
skills and capabilities necessary to succeed in challenging
conditions at home and around the world."
"This long-term partnership represents a significant milestone
for both organizations," said Michael
Godin, CGI President, Canada. "By combining CGI's IT and business
consulting expertise with SkyAlyne's industry-leading training
capabilities, we are poised to deliver unparalleled value and
innovation in the aviation training sector."
CGI has a proven history of successfully delivering innovative
solutions for governments and industry by combining deep business
and mission knowledge with next-generation technologies.
About CGI
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With 90,250 consultants and 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. CGI Fiscal 2024
reported revenue is $14.68 billion
and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Learn more at cgi.com.
About SkyAlyne: The Future of Aircrew
Training
SkyAlyne is the Future Aircrew Training (FAcT)
program provider for the Royal Canadian Air Force. SkyAlyne is a
team of defence, training, simulation, and aviation industry
experts assembled from across Canada, working to prepare the next
generation of RCAF pilots and aircrew. SkyAlyne was formed in 2018
as a partnership between CAE and KF Aerospace, two Canadian
aviation, training, and defence leaders. The partnership was built
to jointly answer the call for the Government of Canada's FAcT program. In 2023 SkyAlyne was
named the preferred bidder, and in 2024, was officially
contracted to partner with the RCAF and deliver the FAcT
program.
Learn more: SkyAlyne.ca
Forward-looking information and statements
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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 harbours. All such
forward-looking information and statements are made and disclosed
in reliance upon the safe harbour provisions of applicable Canadian
and United States securities laws.
Forward-looking information and statements include all information
and statements regarding CGI's intentions, plans, expectations,
beliefs, objectives, future performance, and strategy, as well as
any other information or statements that relate to future events or
circumstances and which do not directly and exclusively relate to
historical facts. Forward-looking information and statements often
but not always use words such as "believe", "estimate", "expect",
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Such information and statements are, however, by their very nature,
subject to inherent risks and uncertainties, of which many are
beyond the control of CGI, and which give rise to the possibility
that actual results could differ materially from our expectations
expressed in, or implied by, such forward-looking information or
forward-looking statements. These risks and uncertainties include
but are not restricted to: risks related to the market such as the
level of business activity of our clients, which is affected by
economic and political conditions, additional external risks (such
as pandemics, armed conflict, climate-related issues and inflation)
and our ability to negotiate new contracts; risks related to our
industry such as competition and our ability to develop and expand
our services, to penetrate new markets, and to protect our
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risks associated with our growth strategy, including the
integration of new operations, financial and operational risks
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without limitation, our commitment to net-zero carbon emissions by
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financial risks such as liquidity needs and requirements,
maintenance of financial ratios, interest rate fluctuations and the
discontinuation of major interest rate benchmarks and changes in
creditworthiness and credit ratings; as well as other risks
identified or incorporated by reference in this press release, in
CGI's annual MD&A and in other documents that we make public,
including our filings with the Canadian Securities Administrators
(on SEDAR+ at www.sedarplus.ca) and the U.S. Securities and
Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise
stated, the forward-looking information and statements contained in
this press release are made as of the date hereof and CGI disclaims
any intention or obligation to publicly update or revise any
forward-looking information or forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by applicable law. While we believe that our
assumptions on which these forward-looking information and
forward-looking statements are based were reasonable as at the date
of this press release, readers are cautioned not to place undue
reliance on these forward-looking information or statements.
Furthermore, readers are reminded that forward-looking information
and statements are presented for the sole purpose of assisting
investors and others in understanding our objectives, strategic
priorities and business outlook as well as our anticipated
operating environment. Readers are cautioned that such information
may not be appropriate for other purposes. Further information on
the risks that could cause our actual results to differ
significantly from our current expectations may be found in the
section titled Risk Environment of CGI's annual MD&A,
which is incorporated by reference in this cautionary statement. We
also caution readers that the above-mentioned risks and the risks
disclosed in CGI's annual MD&A and other documents and filings
are not the only ones that could affect us. Additional risks and
uncertainties not currently known to us or that we currently deem
to be immaterial could also have a material adverse effect on our
financial position, financial performance, cash flows, business or
reputation.
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SOURCE CGI Inc.