Data Transformation win showcases CGI's
innovation and commitment to DIA
Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom
FAIRFAX, Va., Oct. 5, 2021 /CNW Telbec/ - CGI (NYSE: GIB) (TSX:
GIB.A) was awarded a $100M Defense
Intelligence Agency (DIA) Data Transformation of Foundational
Military Intelligence (DTMI) task order to evolve the way DIA
processes its intelligence, military and infrastructure data.
Providing analysts with optimized data to evaluate, document and
integrate the agency's Foundational Military Intelligence (FMI),
DTMI will enable everyone from U.S. warfighters to national
security policymakers to make more effective, efficient and
proactive decisions in a modernized, scalable technology
environment. This task order was awarded under the U.S. General
Services Administration's Alliant 2 vehicle, with an one year base
period and four one-year option periods.
CGI will leverage its experience in delivering innovative
solutions at DIA to provide enhanced understanding of how to gather
and model FMI data to help analysts maximize foundational
intelligence analysis. As part of this contract, CGI will partner
with DIA to create a transition database for the Modernized
Integrated Database that is compatible with the agency's transition
to the Machine-assisted Rapid-repository System (MARS). The
transition database will initially serve to host and stage the
transformed data until applied to MARS mission modules or
until such time the MARS data environment can completely take over
that functionality.
"This data transformation will lay the groundwork for a modern
data environment that will enable DIA to provide optimized military
intelligence to the DoD and the intelligence community," said
Tim Spadafore, Senior Vice-President
at CGI Federal. "CGI looks forward to supporting DIA as it
transitions to the MARS environment, supporting its critical
mission of protecting the American people."
About CGI Federal
CGI Federal Inc. is a wholly-owned
U.S. operating subsidiary of CGI Inc., dedicated to partnering with
federal agencies to provide solutions for defense, civilian,
healthcare and intelligence missions. Founded in 1976, CGI is
among the largest 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). 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 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. 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", "intend",
"anticipate", "foresee", "plan", "predict", "project", "aim",
"seek", "strive", "potential", "continue", "target", "may",
"might", "could", "should", and similar expressions and variations
thereof. These information and statements are based on our
perception of historic trends, current conditions and expected
future developments, as well as other assumptions, both general and
specific, that we believe are appropriate in the circumstances.
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 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, to develop and expand
our services, to penetrate new markets, and to protect our
intellectual property rights; risks related to our business such as
risks associated with our growth strategy, including the
integration of new operations, financial and operational risks
inherent in worldwide operations, foreign exchange risks, income
tax laws, our ability to negotiate favorable contractual terms, to
deliver our services and to collect receivables, and the
reputational and financial risks attendant to cybersecurity
breaches and other incidents; as well as other risks identified or
incorporated by reference in this press release, in CGI's annual
and quarterly MD&A and in other documents that we make public,
including our filings with the Canadian Securities Administrators
(on SEDAR at www.sedar.com) 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 and quarterly
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 and quarterly 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.
View original
content:https://www.prnewswire.com/news-releases/cgi-awarded-five-year-100-million-data-transformation-task-order-at-the-defense-intelligence-agency-301392528.html
SOURCE CGI Inc.