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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:36 EDTGIBCGI Group selected as prime contractor for GSA OASIS contract
CGI Federal announced that the General Services Administration, or GSA, has chosen the company as a prime contractor under a new contract vehicle known as One Acquisition Solution for Integrated Services, or OASIS. The multi-award contract has an unlimited ceiling, allowing CGI to compete for billions of dollars in complex professional services task orders across all agencies in the U.S. federal government. GSA oversees the business of the federal government, among other things supplying federal purchasers with cost-effective, high-quality products and services from commercial vendors. CGI is one of 74 awardees under OASIS, an indefinite delivery indefinite quantity, or IDIQ, contract that will allow awardees to compete on a range of program management, management consulting, logistics, engineering, scientific and financial management services. Awardees will also be able to offer technology solutions as an ancillary service. For the first time, agencies will be able to purchase high-value professional services along with supporting IT solutions through a single contract, saving customers time and money.
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February 2, 2016
08:34 EDTGIBCGI Group awarded contract by Navy
CGI announced that it has been awarded part of the Navy's estimated $809.48M multiple award, indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, firm-fixed-price task order contract to obtain process improvement, reengineering, management and data support services, to include Navy Enterprise Resource Planning sustainment on behalf of Naval Supply Systems Command, or NAVSUP, Business Systems Center. CGI is one of eight awardees on this contract. Each contract includes a 12-month base period with four 12-month option periods. If all options are exercised, work will be completed by July 2020.
January 28, 2016
08:36 EDTGIBCGI Group extends services contract with British Columbia Ministry of Health
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January 27, 2016
08:09 EDTGIBCGI Group reports Q1 EPS 84c, consensus 82c
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