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Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:10 EDTGIBCGI Group renews contract with Michelin
CGI has been selected by Michelin to serve as the preferred partner for all of its procurement, marketing, sales and corporate finance applications and their development, related to its activities in Europe and North America. Based on an innovative co-management model, CGI will support Michelin's transformation program with easy-to-use solutions that can be readily made available to users. The objective is to facilitate daily tasks, while assuring system security and integrity. Specific examples include the optimization of production management at Michelin, as well as the acceleration of new product launches. Under the terms of the new contract, CGI will be supplying Michelin with consulting, design, and computer application maintenance and support services in Europe and North America. CGI will also be applying its agile methodology and business intelligence know-how, as well as its extensive information technologies expertise by way of its French and American teams located in Clermont-Ferrand and Greenville, respectively.
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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.

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