CGI Federal, the wholly owned U.S. operating subsidiary of CGI, announced it has been awarded a position on the Foundation Cloud Hosting Services II 10-year, $2B Indefinite-Delivery, Indefinite-Quantity contract by the U.S. Department of the Interior
Portfolio Pulse from Benzinga Newsdesk
CGI Federal, a subsidiary of CGI, has secured a position on a significant 10-year, $2 billion contract with the U.S. Department of the Interior for cloud hosting services.
October 02, 2024 | 11:03 am
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CGI Federal, a subsidiary of CGI, has been awarded a position on a $2 billion contract with the U.S. Department of the Interior, which could positively impact CGI's revenue and market position.
The $2 billion contract is a significant win for CGI Federal, likely to enhance CGI's revenue stream and strengthen its market position in the cloud services sector. This contract could lead to increased investor confidence and a potential rise in stock price.
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