Welcome to our dedicated page for CGI news (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI stock.
News and updates on CGI Inc. (GIB) highlight its activities as one of the largest independent IT and business consulting services firms in the world. Company announcements cover technology initiatives, government contracts, acquisitions, platform launches and regulatory disclosures tied to its listings on the NYSE (GIB) and TSX (GIB.A).
Recent news emphasizes CGI's work with public sector clients. CGI Federal has announced the availability of the CGI Fraud, Waste and Abuse Prevention Platform through the U.S. Department of the Treasury's Financial Management Quality Service Management Office marketplace, enabling federal agencies to use real-time risk detection, advanced analytics and AI to identify potentially fraudulent payments. Other releases describe government-focused projects such as cooperative contracts with the Texas Department of Information Resources to provide CGI Advantage ERP and CGI Transcend case management solutions, as well as state-level modernization initiatives in Nevada and San Diego County using CGI Advantage.
CGI's news flow also includes international defense and security work, such as the HERMES project for NATO, which delivers a secure mobile communications solution in partnership with secunet Security Networks. Corporate development stories feature acquisitions like Comarch Polska SA in Poland and Online Business Systems in Canada and the United States, which expand CGI's footprint and capabilities in public administration solutions, digital transformation, AI and cybersecurity.
Investors and observers can also find updates on CGI's recognition in industry assessments, such as being named a Major Contender for Global Capability Center setup and transformation capabilities in India, and on regulatory milestones like the filing of annual disclosure documents and Form 6-K reports. This news page aggregates these developments to provide a centralized view of CGI's contracts, partnerships, technology platforms and regulatory communications.
CGI has been selected by the Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its Themis Program, a flagship business transformation initiative. The 20-year contract, valued at £85 million, aims to modernize the justice system across Northern Ireland. The program will redesign court processes, transforming services across Tribunals, Civil, Family, and Criminal business areas.
The Themis Program seeks to create a digital-first, paper-light environment to enhance transparency, speed up case delivery, and increase accessibility through virtual services. CGI will work with the existing Themis team to implement a five-year roadmap for revolutionizing service delivery. The project is expected to drive significant efficiencies and improve service outcomes.
CGI's involvement in this transformation aligns with its broader commitment to modernizing the UK justice system. The company's Digital Services Centre of Excellence in Belfast, established in February 2023, will support the program with the addition of at least 50 new roles.
CGI, a leading IT and business consulting firm, has been selected by Harley-Davidson Financial Services to modernize their loan origination system. The new system, based on CGI Credit Studio, will streamline the financing process for Harley-Davidson motorcycle buyers and enhance flexibility for dealers. Key features include:
- AI-enabled financing journey
- Simplified loan application process
- Improved collaboration between dealers and customers
- Enhanced insights-driven customer experience
- Ability to offer Harley-Davidson merchandise and riding experiences at point of purchase
The system aims to shorten the buy window, boost satisfaction, and improve conversion rates. It will adapt dynamically to customer preferences and market conditions, expanding decision data to maximize value while reducing back-end losses. CGI Credit Studio is designed to lower total solution costs and deliver a streamlined, cost-effective approach.
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has completed the acquisition of Aeyon, a leader in digital transformation and AI technologies for the U.S. Federal Government. This acquisition expands CGI's capabilities in data management, analytics, and intelligent automation, while strengthening relationships with key national security clients like the Office of the Secretary of Defense, U.S. military branches, FAA, and NASA.
The merger aims to enhance CGI's service offerings and reinforce its commitment to advancing client missions. Aeyon's expertise in rapid response capabilities and industry insights is expected to accelerate critical mission outcomes for federal agencies. The acquisition aligns with CGI's culture and values, promising greater opportunities for employees and a broader range of solutions for clients.
CGI (NYSE: GIB) has been named one of America's Best Employers for Women by Forbes in 2024. This recognition is based on a survey of 150,000 women at companies with at least 1,000 employees. CGI's commitment to supporting women in technology is evident through various initiatives:
1. Employee resource groups for networking, mentoring, and professional development
2. Events to inspire female students in STEM careers
3. Initiatives promoting respect, empowerment, and inclusion
Stephanie Mango, President of CGI Federal, emphasized the company's dedication to increasing women's representation at all levels. Jenny Hilliard, VP of Human Resources, highlighted CGI's focus on creating a diverse, equitable, and inclusive environment that encourages authenticity and career growth for women.
CGI (TSX: GIB.A) (NYSE: GIB) has been named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty (P&C) insurance. The company was recognized for expanding Guidewire Services into growing markets, building local and offshore delivery capabilities, and adopting geo-specific strategies. CGI offers a comprehensive suite of services for P&C clients, including advisory, consulting, full implementations, and ongoing support for the Guidewire platform.
The assessment highlighted CGI's success in delivering on-time Guidewire implementations, enhanced localized delivery capabilities, and investments in point solutions and toolkits for test automation and accelerating product implementations. Clients appreciated CGI's domain knowledge and understanding of legacy systems, which facilitated smooth transitions to new systems.
CGI (NYSE: GIB) was named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty insurance on Nov 4, 2025.
Everest Group highlighted CGI's expansion of Guidewire services into growing markets, development of local and offshore delivery capabilities, geo-specific strategies aligned with a client-proximity model, and targeted investments in point solutions and test automation toolkits. Clients cited CGI's domain knowledge and legacy-modernization expertise as supporting smooth Guidewire transitions. Everest Group's assessment was based on provider interactions, client references, and ongoing market analysis.
CGI (TSX: GIB.A) (NYSE: GIB) has announced a private offering of C$750 million in senior unsecured notes. The offering consists of C$300 million in 3-year notes with a 3.987% interest rate and C$450 million in 5-year notes with a 4.147% interest rate. The offering is expected to close around September 5, 2024. CGI plans to use the net proceeds of approximately C$746.1 million to repay existing debt, including US$350 million in notes maturing on September 12, 2024, and for general corporate purposes. The notes will be offered privately in Canadian provinces and are not registered under the U.S. Securities Act.
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has been awarded two contracts by the U.S. Patent and Trademark Office (USPTO) with a combined potential value of US$119 million. The first is a 5-year Blanket Purchase Agreement worth up to US$84 million for secure financial management services using CGI's Momentum® software. The second is a US$36 million task order over five years to modernize USPTO's Certified Copy Center and Assignment Center products using cloud technology. These contracts aim to enhance operational efficiency, support revenue collection, and modernize systems for patent and trademark transactions, benefiting the global innovation community served by USPTO.
CGI, a leading IT and business consulting firm, has extended its partnership with the City of New York for the maintenance of the STARS parking violation system. The new five-year contract, with an optional two-year renewal, involves CGI working with the city's Department of Finance to manage adjudication, payment, and collection processes for parking and camera violations. This system, built on CGI's Advantage Collections platform, handles approximately 17 million tickets annually, resulting in the collection of over C$1.3 billion in public revenue each year. CGI will provide IT and consulting services to adapt the system to evolving business environments, implement modifications, and design new solutions.
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has released Momentum 8.2, an updated version of its budget, financial, and acquisition management software for federal agencies. The new release features advanced AI capabilities, including the Momentum AI Assistant, which streamlines workflows and enhances productivity. Momentum 8.2 also introduces improved security measures and ensures compliance with federal mandates such as G-Invoicing, SFFAS 54, and DATA Act reporting requirements.
The software is FedRAMP authorized and available on the U.S. Treasury's FM QSMO shared service marketplace. Momentum is currently used by over 180 federal government organizations to manage more than US$1 trillion in budgeted authority and process millions of transactions annually.