|By Marketwired .||
|May 22, 2014 12:20 PM EDT||
FAIRFAX, VIRGINIA -- (Marketwired) -- 05/22/14 -- The U.S. Department of Homeland Security has selected CGI Federal Inc. (CGI) (NYSE: GIB)(TSX: GIB.A) as a prime contractor for a program that will allow the company to compete to provide a range of new technology services and products that support the agency's critical mission and business functions.
DHS announced on this month that CGI Federal had been selected as a prime contractor under its Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II) contract on the Unrestricted Track in Functional Category 1, Service Delivery, including Integration, Software Design/Development, Operations & Maintenance program. EAGLE II is an "indefinite-delivery, indefinite-quantity" contract vehicle that provides a $22B ceiling to procure IT services over the seven year period of performance. CGI is one of 68 awardees on this track that will be authorized to compete to provide services under this Functional Category. CGI will compete to provide advanced mission-enabling technical solutions including cloud services, big data and analytic solutions, agile methodologies, continuous integration and operations, mobile solutions, continuous monitoring and cyber security.
"CGI will support DHS in protecting our nation, its citizens, resources, and critical infrastructure in an increasingly dynamic and sophisticated threat environment," said Dr. James Peake, Lt. Gen. (Ret), President, CGI Federal. "We are looking forward to continuing and growing our partnership with DHS."
DHS has a broad mission to secure the nation from a range of threats, from aviation and border security to emergency response; from cybersecurity analysis to chemical facility inspections. CGI has a long history with the agency, having provided a range of IT services to the Coast Guard since 1996. CGI is also a leading cloud service provider to the agency. The new contract may give the company an opportunity to expand its footprint with DHS and provide a greater role in providing mission-critical IT services to the federal government agency.
EAGLE II may put CGI in an even stronger position to support DHS in its vast and varied role in responding effectively and rapidly to natural disasters through enhanced information sharing capabilities and immigration and law enforcement systems, enhanced Risk-Based Security solutions, emergency response capabilities, and proactive global enforcement solutions.
"CGI will deliver solutions with an increased capability to proactively monitor and thwart threats before they arise," said Timothy J. Hurlebaus, CGI Federal senior vice president and National Security Defense Programs business unit leader. "Our "as a service offerings", predictive analytics, agile development and continuous integration will help bring mission capability to market faster."
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 annualized revenue in excess of C$10 billion and an order backlog exceeding 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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