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Stock Market & Financial Investment News

News Breaks
January 21, 2014
08:37 EDTGIBCGI Group awarded $44.6M contract by Maricopa County
CGI announced that it has been awarded a contract to modernize the Maricopa County, Arizona financial management system and to provide future operational support. The contract is valued at $44.6M over 10 years.
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September 1, 2015
08:30 EDTGIBCGI Group awarded five-year contract from US Army Sustainment Command
CGI announced that it has won a five-year contract with the U.S. Army Sustainment Command for software development and support of the Integrated Materiel Management Operations Systems application suite. The base year has been incrementally funded at US$3.1 million. If all options are exercised, the contract value will be $55.8M with a completion of date July 31, 2020. The work will be performed in Alexandria, Virginia and at multiple locations within the continental United States and overseas.
August 31, 2015
07:31 EDTGIBArcelorMittal Bremen renews partnership with CGI Group
ArcelorMittal Bremen, a subsidiary of ArcelorMittal (MT), has renewed its partnership with CGI. ArcelorMittal Bremen outsourced its IT to CGI five years ago, and, since then, CGI has managed the company's two data centers in Bremen, provided IT infrastructure support, and maintained all applications predominantly developed by ArcelorMittal Bremen, as well as other warehousing and automated production control systems. In addition, CGI provides field service support for approximately 2,000 Windows end-user systems. CGI's scope of activities for ArcelorMittal Bremen has expanded considerably over the course of the engagement. CGI was given, for example, responsibility for an additional 180 production control systems. In fact, the contract volume has doubled in size.
August 24, 2015
07:35 EDTGIBCGI wins GBP186M contract with Edinburgh
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August 20, 2015
08:31 EDTGIBCGI Group wins $124M Army Intelligence contract re-compete
CGI has won a $124M, five-year contract - one base plus four option years - with the U.S. Army Training and Doctrine Command Intelligence Directorate for program management and technical support of core functions and operating environment.
August 18, 2015
09:01 EDTGIBCGI Group and Northern Savings Credit Union enter into outsourcing agreement
CGI and Northern Savings Credit Union have entered into a 10-year agreement for the outsourcing of core banking services. In addition, CGI entered into a definitive agreement to acquire the business of Solutions Only Financial Solutions, a Northern Savings indirect subsidiary, which will augment CGI's industry-leading banking solutions portfolio and strategy of providing clients with high-value IP-based services. The closing of the transaction is subject to customary closing conditions. As part of the acquisition, 31 Solutions Only employees will join CGI.

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