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Tag Archives: CGI

CGI Lands Recompete Award for Visa Processing Support in Kazakhstan, Mongolia, Russia

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TYSONS CORNER, VA, June 23, 2016 — CGI (NYSE: GIB) will continue to provide visa processing support in Kazakhstan, Mongolia and Russia for the State Department‘s Bureau of Consular Affairs under a $32 million task order award, ExecutiveBiz reported Wednesday. The company said Wednesday the recompete covers processing of immigrant and non-immigrant visas as well …

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CMS Picks 80 Companies for Potential $25B IT Services IDIQ

electronic-health-record-EHR

The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps notice and said all operational divisions of its Cabinet parent Department …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

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The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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June 3 Market Close: GovCon Index Holds Marginally Up Against US Stock Declines

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The GovCon Index recorded a narrow gain of 0.091 points to 79.018 Friday to post its third consecutive weekly rise as U.S. markets showed caution after the May payrolls report showed 38,000 jobs created in May to fall well short of economist forecasts. According to CNBC, analysts expected the Labor Department to …

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May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

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The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

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Report: NNSA’s Follow-on $3B Sandia Labs Support Program Draws 15 Firms, 4 Universities

nuclear power plant

Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary Sandia Corp.‘s current SNL support contract with NNSA is scheduled to expire April 2017. …

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CGI to Provide Software for State Debt Recovery Efforts in Australia

CGI-logo

TYSONS CORNER, VA, May 31, 2016 — CGI (NYSE: GIB) will deploy a debt recovery software to support the state government of Queensland in Australia under an estimated $42.5 million contract, ExecutiveBiz reported Friday. The company said Thursday its Collections360 platform will utilize analytics and automation technology to support the efforts of Queensland’s state penalties …

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May 31 Morning Report: GovCon Index, Major US Markets Post Gains

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The GovCon Index closed Friday with a 0.395-percent gain, climbing 0.309 points to 78.504. CSRA (NYSE: CSRA) was GCI’s top percentage gainer and posted a close of 24.88 — up 2.94 percent to rebound from the previous two days of losses. The Index’s gain mirrored those of the S&P 500, Dow Jones Industrial Average …

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May 11 Market Close: GovCon Index Hits Reverse With 1% Decline, US Stocks Run Red on Dim Earnings

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The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in …

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May 10 Market Close: GCI Soars 1% as Lockheed, Northrop, HII Hit All-Time Highs in Intraday Trade

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The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntington Ingalls Industries …

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