Science & Technology
Thu, October 27, 2011Wed, October 26, 2011Tue, October 25, 2011Mon, October 24, 2011Sun, October 23, 2011Sat, October 22, 2011Fri, October 21, 2011Thu, October 20, 2011Wed, October 19, 2011Tue, October 18, 2011CGI Closes More Than US$375M in Bookings With the U.S. Army in the Fourth Quarter of FY11
Published in Science and Technology on Monday, October 24th 2011 at 5:39 GMT by Market Wire
October 24, 2011 08:31 ET
CGI Closes More Than US$375M in Bookings With the U.S. Army in the Fourth Quarter of FY11
FAIRFAX, VIRGINIA--(Marketwire - Oct. 24, 2011) - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE:GIB)(TSX:GIB.A) closed the fourth quarter of Fiscal Year 2011 on September 30, 2011, with strong quarterly bookings of more than US$375 million in support of U.S. Army clients.
CGI will deliver a range of services and support under the various contracts, including systems development and maintenance, training, and information assurance. The awards include new contracts and re-competes supporting clients such as the U.S. Army Training and Doctrine Command (TRADOC), the U.S. Army Reserve Command (USARC), and the U.S. Army Materiel Command (AMC). Work will be performed at Army installations nationwide, including Fort Leavenworth, Fort Bragg, Redstone Arsenal, Fort Huachuca, and Fort Eustis.
"The Army is our largest single public sector client, so we are very pleased to close our fiscal year with such strategic wins in support of their mission-critical operations," said George Schindler, President, United States, CGI. "As the Army and our other government clients face continuing change, I am confident they will continue to call on CGI. Our capabilities, expertise, and partnering approach help them anticipate and adapt while achieving their missions more efficiently and effectively," added Randy Brooks, Senior Vice-President, CGI Federal.
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 one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centers of excellence in the United States, Canada, Europe and Asia Pacific. As at June 30, 2011, CGI's annualized revenue was approximately C$4.2 billion and its order backlog was approximately C$12.7 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: [ www.cgi.com/usfederal ].
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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at [ www.sec.gov ]), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
