CGI selected for GSA’s ASTRO space and development / systems integration pools | News

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FAIRFAX, Virginia., November 17, 2021 / PRNewswire / – CGI (NYSE: GIB) (TSX: GIB.A) was selected by the General Services Administration (GSA) for the award-winning ASTRO Indefinite-Delivery / Indefinite-Quantity (IDIQ) contract. This 10-year award gives CGI the opportunity to compete for contracts of an unlimited maximum value for the research, development, support, maintenance and operation of manned, unmanned and optionally manned platforms and robotics such as satellites, launchers and related services.

Known for its ability to create complex, mission-critical space software systems and to integrate complex hardware systems with the right software solutions, CGI is a recognized thought leader in space security and applications, and is recognized as the European leader in the military’s ground satellite communications segment.

“We have used our many years of experience in supporting our customers in the implementation of complex, business-critical space software systems as well as other software development and system integration work for this profit,” said the Federal President of CGI Stephanie Mango. “With our long-established space work Europe, we are only just beginning to establish our presence here in North America, and we are very excited to bring our proven track record and solutions to the US federal market. “

GSA developed the ASTRO Framework Agreement primarily to help the US Department of Defense streamline the procurement process for the military’s combatant commandos. The framework agreement allows all federal agencies to acquire FEDSIM, a provider of assisted acquisition services for federal agencies, to receive manned and unmanned platforms and services for the next 10 years with no maximum dollar cap.

“With a track record of over 40 years in supporting the aerospace industry and serving the federal government, CGI is excited to bring its thought leadership and technical expertise to the service of GSA’s ASTRO contract,” said Mike Pullen, Vice President, Advisory Services for CGI Federal. “We look forward to working with our partners to make ASTRO a success.”

About CGI Federal

CGI Federal Inc., a wholly-owned US subsidiary of CGI Inc., is committed to working with federal agencies to provide solutions for Defense, Civil, Health, and Intelligence missions. CGI was founded in 1976 and is one of the largest IT and business consulting service providers in the world. With 80,000 consultants and other professionals around the world, CGI offers an end-to-end portfolio of capabilities from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with customers through a local relationship model that is complemented by a global delivery network that helps customers digitally transform their organizations and accelerate results. With a reported turnover of 12.13 billion CAD, CGI shares are listed on the TSX (GIB.A) and NYSE (GIB). Learn more at cgi.com.

Forward-looking information and statements

This press release contains “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable safe havens in the United States. All such forward-looking information and statements are made and disclosed in reliance on the safe harbors of applicable Canadian and US securities laws. Forward-looking information and statements include all information and statements regarding the intentions, plans, expectations, beliefs, goals, future performance and strategies of CGI as well as all other information or statements that relate to future events or circumstances that are not directly and solely related on historical facts. Forward-looking information and statements often, but not always, use words such as “believe”, “estimate”, “expect”, “intend”, “anticipate”, “anticipate”, “plan”, “predict”, “project”, “aim” “,” seek, “” strive, “” potentially, “” continue, “” aim, “” may, “” could, “” could, “” should, “and similar expressions and variations thereof. These information and statements are based on our perception of historical trends, current conditions and expected future developments as well as other general and specific assumptions that we believe to be reasonable under the given circumstances. However, such information and statements are inherently subject to inherent risks and uncertainties, many of which are beyond the control of CGI and which create the possibility that actual results may differ materially from our expectations contained in or implied by such forward-looking information or forward-looking statements. These risks and uncertainties include, but are not limited to: risks related to the market, such as the size of our customers’ business being affected by economic conditions and our ability to negotiate new contracts; Risks related to our industry, such as competition and our ability to attract and retain qualified employees, develop and expand our services, enter new markets and protect our intellectual property rights; Risks related to our business, such as risks related to our growth strategy, including the integration of new activities, financial and operational risks related to global operations, exchange rate risks, income tax laws, our ability to negotiate favorable terms to provide our services and to collect of claims, reputational and financial risks associated with cybersecurity breaches and other incidents; as well as other risks identified in this news release, CGI’s annual and quarterly MD&A, and other documents we publish, including our filings with the Canadian securities administrations (on SEDAR at www.sedar.com) and the US Securities and Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise stated, the forward-looking information and statements contained in this press release apply as of the date of this press release and CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, unless this is required under applicable law. While we believe that our assumptions on which these forward-looking information and forward-looking statements are based were reasonable as of the date of this press release, readers are cautioned not to place undue reliance on these forward-looking information or statements. Additionally, readers are cautioned that forward-looking information and statements are presented solely for the purpose of helping investors and others understand our goals, strategic priorities and business prospects, and our expected operating environment. Readers are cautioned that this information may not be suitable for other purposes. For more information about the risks that could cause our actual results to differ materially from our current expectations, see the Risk Environment section of CGI’s annual and quarterly MD&A, which is incorporated by reference into this cautionary notice. We also caution readers that the risks outlined above and the risks disclosed in CGI’s annual and quarterly MD&A and other documents and records are not the only ones that may affect us. Additional risks and uncertainties that are not currently known to us or that we currently consider to be immaterial could also have a material adverse effect on our net assets, financial position, results of operations, cash flows, business operations or reputation.

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SOURCE CGI Inc.

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