CGI (GIB) Stock News

CGI (TSX: GIB.A; NYSE: GIB) announced a conditional agreement to acquire Comarch Polska SA, a Comarch subsidiary focused on IT solutions for public administration in Poland, subject to regulatory approvals and customary closing conditions.

Upon closing, more than 460 IT and consulting professionals will join CGI, increasing CGI's Poland and Baltic headcount to approximately 1,500 professionals. The acquisition aims to deepen CGI's public sector capabilities across social security, health and agricultural agencies and to apply CGI's AI and IP to local public services.

CGI (NYSE: GIB, TSX: GIB.A) announced on October 15, 2025 that its U.S. subsidiary, CGI Federal, received a Blanket Purchase Agreement (BPA) from the U.S. Treasury's Office of the Comptroller of the Currency (OCC) to modernize the OCC's content management system and digital services.

The work will deliver a cloud-based platform designed to improve site performance, strengthen security, enable faster content updates, and increase transparency through tracked metrics. CGI says it will use a phased, scalable approach and apply emerging technologies including artificial intelligence to accelerate processes and reduce risk while supporting the OCC's long-term mission.

CGI (GIB / GIB.A) was selected by Svenska kraftnät under a new multi-year framework agreement to deliver IT consulting across architecture, leadership, and security to modernize Sweden's electricity transmission.

Svenska kraftnät manages ~16,000 km of power lines and ~175 stations and has planned investments of SEK 210 billion through 2035. CGI said it will deploy its AgileDX™ platform for central data integration and leverage local and global teams to support resilience, security, and future readiness of Sweden's grid.

CGI (NYSE: GIB) has announced a strategic partnership with Barclays to integrate CGI Trade360, its global trade finance solution, with Komgo's Konsole platform. The integration aims to enhance Barclays' trade finance capabilities by providing increased transparency, faster transactions, and reduced operational risk.

The collaboration will enable Barclays' corporate clients to access a fully digital trade finance experience through automated workflows between the Komgo platform and CGI Trade360. This integration represents a significant step in Barclays' digital transformation journey, connecting their corporate customers with seamless trade finance solutions while reducing manual processes.

CGI (NYSE: GIB) has completed its acquisition of Apside, a prominent digital and engineering services provider. The strategic acquisition brings over 2,500 professionals to CGI, including nearly 2,200 in France, expanding the company's presence across France, Belgium, Canada, Morocco, Portugal, and Switzerland.

Apside brings significant expertise in manufacturing, finance, insurance, and public sector industries, along with advanced technological capabilities in data, AI, cloud, and cybersecurity. This acquisition strengthens CGI's market position and service capabilities, particularly in manufacturing and financial services sectors.

CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB), has announced successful deployments of the Integrated Financial and Acquisition Management System (iFAMS) to the VA's Loan Guaranty Program and Veterans Health Administration users. This marks waves 7 and 8 of one of the federal government's largest financial system implementations.

Built on CGI's Momentum® Enterprise Suite, iFAMS will replace five existing VA systems, streamlining financial and acquisition processes. The system has already processed over 11 million transactions and US$18 billion in Treasury disbursements, supporting US$39.9B in contracting dollars. The solution is one of only two systems approved for the U.S. Treasury's FM QSMO marketplace.

CGI (NYSE: GIB) has secured a 10-year contract with the State of New Jersey to enhance and support the State Integrated Recovery Operations Management Systems (SIROMS). The platform, initially created for Superstorm Sandy recovery, has managed over $7.2 billion in disaster recovery funds.

SIROMS serves as New Jersey's system of record for natural disaster recovery efforts, enabling efficient fund management, enhanced operational efficiency, and comprehensive audit readiness. The platform has processed over 10,000 individual reports and facilitated quarterly progress submissions to HUD for 48 consecutive quarters. As of May 2025, the state has disbursed more than $7 billion supporting thousands of residents.

CGI (NYSE: GIB) has secured a significant multi-year contract with the Texas Comptroller of Public Accounts (CPA) to implement a modern enterprise financial system. The project involves replacing the state's legacy systems with CGI Advantage®, a comprehensive SaaS-based ERP solution specifically designed for government operations.

The new system will serve as Texas' central accounting platform, processing over 42.7 million transactions annually and supporting approximately 5,000 users across 225 state agencies and higher education institutions. The cloud-based implementation will include CGI Advantage Financial Management, vendor self-service capabilities, and integration with various state systems, aimed at enhancing reporting, data analytics, and process efficiency.

CGI (NYSE: GIB) has entered into a strategic partnership with retail services company Kesko to accelerate digital transformation. The comprehensive agreement encompasses IT services including end-user services, capacity and cloud services, and integrations. CGI will also support K Group's retail network in digital development initiatives.

The partnership focuses on leveraging automation and AI-based solutions to enhance business renewal and productivity. Kesko selected CGI through a competitive bidding process, citing the company's international expertise and local presence as key factors. The collaboration model includes shared goals, risks, and joint metrics to guide the achievement of strategic objectives.