CGI selected for the U.S. Department of the Interior's cloud integration services under $2B Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has been awarded a position on the Foundation Cloud Hosting Services II (FCHS2) contract by the U.S. Department of the Interior.
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Rhea-AI Summary
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has been awarded a position on the Foundation Cloud Hosting Services II (FCHS2) contract by the U.S. Department of the Interior. This 10-year, US$2 billion Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract allows CGI to offer a comprehensive range of cloud services and solutions to support critical modernization needs.
CGI leverages its Software-as-a-Service (SaaS) offerings, cloud IT strategies, and cybersecurity consulting to provide tailored digital solutions for federal clients. The company was recently named a Leader in the IDC MarketScape: U.S. Federal Government Cloud Professional Services 2024 Vendor Assessment. CGI has been the top provider by volume of cloud services to the federal government since its first Foundation Cloud Hosting Services IDIQ award in 2014.
Positive
- Awarded position on a 10-year, US$2 billion IDIQ contract with the U.S. Department of the Interior
- Named a Leader in the IDC MarketScape: U.S. Federal Government Cloud Professional Services 2024 Vendor Assessment
- Top provider by volume of cloud services to the federal government since 2014
Negative
- None.
Details
News Market Reaction – GIB
The recorded move for GIB in the trading session of this news was +0.71%.
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"CGI is a global, world-class end-to-end IT and business consulting services leader, partnering with clients globally to effectively accomplish their mission objectives," said Jay Hadley, CGI Senior Vice-President, Regulatory Agencies Programs Business Unit. "This award positions CGI to continue as an advisor and partner of choice in cloud services which can accelerate modernization initiatives. As a strategic collaborator, we help clients accelerate and future-proof toward more adaptive, resilient, and sustainable operations."
CGI and its partners bring unique technologies, platforms, and products to critical public missions. CGI leverages its specialized Software-as-a-Service (SaaS) offerings, thought leadership in cloud IT strategies, and cybersecurity consulting to provide meaningful outcomes to the unique needs of our federal clients across agencies. CGI Federal was recently named a Leader in the IDC MarketScape:
"CGI's services focus on reducing risk and procurement timelines by supplying tailored digital solutions that meet the diverse requirements of federal clients," said Vishal Ranjan, CGI Vice-President, Consulting Services and a Sector Lead in the Regulatory Agencies Programs Business Unit. "Our deep understanding of the technologies and federal technology architecture is one of the reasons why CGI has been the top provider by volume of cloud services to the federal government since its first Foundation Cloud Hosting Services IDIQ award in 2014."
About CGI Federal
CGI Federal Inc., a wholly owned
View original content:https://www.prnewswire.com/news-releases/cgi-selected-for-the-us-department-of-the-interiors-cloud-integration-services-under-2b-indefinite-delivery-indefinite-quantity-idiq-contract-302264357.html
SOURCE CGI Federal, Inc.
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