CGI (NYSE: GIB) (TSX: GIB.A) today announced it has been awarded a task order by the General Services Administration’s Federal Acquisition Service (GSA FAS) on behalf of the U.S. Department of Homeland Security (DHS). The Credential Management Task Order provides identity management services for 26 federal agencies. Issued under the Continuous Diagnostics and Mitigation (CDM) Continuous Monitoring as a Service (CMaaS) Blanket Purchase Agreement and GSA IT Schedule 70, the total contract value is US$102 million over two years.
CGI will provide the participating agencies with tools, sensors and services to implement elements of credential management, a key element of the CDM Phase 2 Program to strengthen policies and practices for all authorized users at participating agencies. CGI will also help federal agencies working to comply with the White House's Cybersecurity Strategy and Implementation Plan (CSIP), which requires strong authentication for network accounts of unprivileged users.
“We are committed to federal clients as they work to comply with evolving standards while confronting an array of cybersecurity vulnerabilities and threats,” said Stephanie Mango, Senior Vice-President, CGI. “We are proud to provide this vital support to the Department of Homeland Security and provide our identity management solutions for all federal agencies involved in the task order.”
The DHS contract is CGI’s second award on the CDM procurement vehicle, following a consulting contract awarded by the U.S. Government Accountability Office (GAO) in September. Mango said recent awards reflect ongoing momentum behind CGI’s cybersecurity, identity management and other digital solutions that are increasingly in demand among federal customers. “CGI will continue to offer flexible solutions that allow agencies to strengthen cybersecurity expertise in the model best suited to their needs,” said Mango.
About CGI Federal
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, healthcare 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 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.
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”) and in other public disclosure documents filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com) and the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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.
For more information:
Investors
Lorne Gorber
Executive Vice-President, Global Communications and
Investor Relations
lorne.gorber@cgi.com
+1 514-841-3355
Media
Alison Hallett
Vice-President, U.S. Communications
alison.hallett@cgi.com
+1 703-267-5915