CGI Inc.

GIB.A

CA12532H1047

IT Services & Consulting

Market Closed - Toronto S.E. Other stock markets 04:15:05 2024-04-26 pm EDT			5-day change	1st Jan Change
141 ^CAD	+0.10%		-1.41%	-0.68%

Apr. 22	CGI Selected by Los Angeles County to Modernize Financial, Human Resources and Inventory, No Financial Details Given	MT
Apr. 22	CGI Brief: Selected by Los Angeles County to "Modernize Core Systems" For one of the Nation's "Largest and most complex" Public Sector Operations	MT

CGI Secures $72 Million Contract with U.S. Department of Health and Human Services

March 19, 2024 at 06:58 am EDT

By Adriano Marchese

CGI said Tuesday that it has been awarded a $72 million contract with an agency of the U.S. Department of Health and Human Services to improve the online Medicare platform.

The Canadian IT consulting and software developer said the contract is a firm-fixed price contract by the Centers for Medicare & Medicaid Services to help improve access to Medicare by modernizing the agency's health plan management system using cloud technologies, data analytics and integrating intelligent automation, among others.

The contract has been awarded to CGI Federal, its U.S. operating subsidiary.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

03-19-24 0657ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	CGI INC.	141 CAD	+0.10%	-1.41%	23.7B
	CLOUD TECHNOLOGIES S.A.	74.4 PLN	+3.91%	+24.00%	81.89M

Latest news about CGI Inc.

CGI Selected by Los Angeles County to Modernize Financial, Human Resources and Inventory, No Financial Details Given	Apr. 22	MT
CGI Brief: Selected by Los Angeles County to "Modernize Core Systems" For one of the Nation's "Largest and most complex" Public Sector Operations	Apr. 22	MT
CGI Inc. Selected by Los Angeles County to Modernize Core Systems for One of the Nation's Largest and Most Complex Public Sector Operations	Apr. 22	CI
CGI Wins $13.8 Million Contract to Continue Managing Market Operator Services' Core Platforms	Apr. 03	MT
CGI Partnering with MOSL On Retail Water Market Project in England	Apr. 03	MT
CGI Lands C$18.7 Million Contract From the U.K.'s Market Operator Services	Apr. 03	DJ
CGI Brief: Partnering with MOSL to enable continued innovation for the retail water market in England	Apr. 03	MT
CGI Gets $162 Million Contract From UK Government's Cabinet Office	Mar. 27	MT
CGI Up 2.9% In US Premarket Trade After Saying It Was Appointed as Strategic Delivery Partner to UK Cabinet Office for Digital Transformation	Mar. 27	MT
CGI Selected for C$162 Million Digital Transformation Contract With UK Cabinet Office	Mar. 27	DJ
CGI Brief: Says Appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation	Mar. 27	MT
CGI Inc. Appoints as Strategic Delivery Partner to UK Cabinet Office for Digital Transformation	Mar. 27	CI
RBC Capital Markets Comments On CGI's Job Postings In Fiscal Q1	Mar. 25	MT
CGI Downgraded to Hold at TD	Mar. 22	MT
Toronto Stocks Edge Higher as Canadian CPI Eases to 2.8%, Canfor Rises on Buyback Plan	Mar. 19	DJ
CGI Gets $72 Million Contract to Enhance Medicare Access	Mar. 19	MT
Centers for Medicare & Medicaid Services Awards Contract to CGI to Improve Medicare Access for Over 65 Million Beneficiaries	Mar. 19	MT
CGI Secures $72 Million Contract with U.S. Department of Health and Human Services	Mar. 19	DJ
CGI Brief: Says Selected by Centers for Medicare & Medicaid Services to improve Medicare access for more than 65 million beneficiaries nationwide	Mar. 19	MT
CGI Chosen by Massachusetts for Financial System Project	Feb. 27	MT
Moody's Affirms CGI Ratings, Changes Outlook to Positive	Feb. 27	MT
Massachusetts Selects CGI for Financial Management Service	Feb. 27	MT
CGI Brief: Says Massachusetts selects It for "Transformation of Commonwealth's enterprise financial system"	Feb. 27	MT
CGI to Buy Back 1.7 Million of Shares; Up 1.8%	Feb. 23	MT
CGI Enters Buyback Deal With Executive Chair Serge Godin	Feb. 23	MT

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Company Profile

CGI Inc. is a Canada-based information technology (IT) and business consulting services firm. The Company delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (primarily France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (primarily Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). The Company also specializes in digital transformation, data analytics and managed services in Miami. The Company works with clients through a local relationship model complemented by a global delivery network.

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IT Services & Consulting

Calendar

2024-05-01 - Q2 2024 Earnings Release

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OUTPERFORM

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141 CAD

Average target price

158.6 CAD

Spread / Average Target

+12.50%

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Other IT Services & Consulting

CGI Inc.

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GIB.A

CA12532H1047

IT Services & Consulting

CGI Secures $72 Million Contract with U.S. Department of Health and Human Services

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