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Tag Archives: CGI

August 27 Market Close: GovCon Index, US Stocks Extend Rebound on GDP & Job Data

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The GovCon Index extended its recovery to a second consecutive day on Thursday with a gain of 1.326 percent to 72.815. Overall, the Index has regained 4.59 percent of its losses from the recent six-day stretch of declines that mirrored larger U.S. market downturns. Economic data that showed U.S. gross domestic product ...

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August 26 Market Close: GovCon Index Up 3%, 6-Day Decline Streak Over

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A six-day stretch of consecutive declines came to an end for the GovCon Index Wednesday as it recorded a gain of 3.208 percent to 71.862. Non-Index company Oshkosh Corp. (NYSE: OSK) closed up 6.67 percent a day after the Army announced the Wisconsin-based military vehicle maker beat Lockheed Martin (NYSE: LMT) and ...

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Edinburgh Chooses CGI in Digital Transformation Initiative

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TYSONS CORNER, VA August 25, 2015 —The City of Edinburgh Council has contracted CGI (NYSE: GIB) to help modernize the Scottish capital’s information and communications technology services through 2022 for $292 million, ExecutiveBiz reported Monday. CGI said the work includes building digital online services for citizens, providing bandwidth speed upgrades ...

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CGI Awarded $124M to Continue Army Training Program Support; Pat Dougherty Comments

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CGI (NYSE: GIB) will provide program management and technical support to the U.S. Army‘s Training and Doctrine Command Intelligence Directorate under a potential five-year, $124 million contract. The company said Thursday the award is a re-compete of a previous contract to support TRADOC G2 in the delivery of the operating environment for Army training ...

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August 17 Morning Report: GovCon Index Up on Friday’s Close

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The GovCon Index gained 0.479 points to close at 76.970 on Friday, building more ground after three straight days of declining or flat activity. The Dow Jones Industrial Average rose 69.15 points to 17,477.40, the S&P 500 composite index climbed 8.15 points to 2,091.54 and the NASDAQ composite index increased 14.68 points to 5,048.23. Top Percentage Gainers Company ...

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August 14 Market Close: GovCon Index Stretches Gains, US Stocks Rebound

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The GovCon Index recovered more ground from three consecutive days of negative or neutral activity to record a gain of 0.479 points and close at 76.970. U.S. stocks swung into positive territory Friday after investors continued to react to China’s currency devaluation and data that showed consumer spending increased in July, ...

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Connect for Health Colorado Expands CGI Contract

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TYSONS CORNER, VA August 13, 2015 — CGI (NYSE: GIB) has been awarded a contract to provide call center support for the State of Colorado’s health insurance marketplace. The five-year deal includes the establishment of an online broker portal, and call center performance upgrades and system maintenance work, CGI said ...

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European Parliament Selects CGI to Lead Information System Design Team

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TYSONS CORNER, VA August 5, 2015 — CGI has landed a $215 million contract to lead a consortium tasked to develop and maintain an information systems platform for the European Parliament, ExecutiveBiz reported Tuesday. The work has a two-year base period of performance and three one-year options, with CGI’s particular ...

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August 4 Market Close: GovCon Index Down, US Stocks Dip on Apple Losses

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The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135. Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported. Apple’s stock ...

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

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The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program ...

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