CGI Group Inc. (GIB,GIB-A.TO) announced that its operating subsidiary, CGI Federal Inc., has received a competitive, single award, 10-year Blanket Purchase Agreement with a ceiling of up to US$395 million from U.S. Department of State under CGI's GSA-IT Schedule Contract in support of the agencies' Joint Financial Management System.
Under the agreement, CGI will provide systems integration, consulting services, and operational support for Joint Financial Management System users around the world.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.