StockNews.AI
GIB
StockNews.AI
105 days

CGI Federal selected to modernize Federal Aviation Administration's Notice to Airmen (NOTAM) system to help strengthen aviation safety

1. CGI Federal selected by FAA to modernize NOTAM system. 2. Partnership with Google Public Sector enhances FAA safety systems. 3. New platform enables near-real-time data exchange for better communication. 4. CGI's extensive aviation experience boosts confidence in project success. 5. Fiscal 2024 revenue forecast at CA$14.68 billion for CGI Inc.

6m saved
Insight
Article

FAQ

Why Bullish?

The FAA collaboration signals strong growth potential and enhanced government contracts, similar to past projects boosting CGI's market position.

How important is it?

This announcement could significantly elevate CGI's role in aviation, influencing future contracts and investor sentiment.

Why Long Term?

The NOTAM system upgrade will take time implementation but builds long-term government relationships, akin to CGI’s past successes.

Related Companies

GOOGLBALMT
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom , /PRNewswire/ -  CGI Federal Inc. (CGI Federal), a wholly owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), based in Fairfax, Virginia, has been selected by the Federal Aviation Administration (FAA) to lead the modernization of the Notice to Airmen (NOTAM) system, a critical aviation safety system in the United States.  "CGI Federal is proud to partner with the FAA on accelerating the delivery of a modernized NOTAM system," said Alisa Bearfield, Senior Vice President of CGI Federal's Civilian Business Unit. "In doing so, we are drawing on nearly four decades of our corporate global aviation experience across civil aviation authorities and air traffic management systems worldwide, as well as our expertise in deploying cutting-edge technology for the federal government. CGI Federal is committed to the FAA's mission to enhance the safety, resilience, and reliability of our airspace." In partnership with Google Public Sector, NG Aviation and Mosaic ATM, CGI Federal will implement a state-of-the-art NOTAM platform to significantly boost the FAA's capacity to deliver, communicate, and provide safety alerts to aviation stakeholders across the National Airspace System (NAS). The upgraded system will feature near-real-time data exchange, enabling efficient data flows and improved stakeholder collaboration, all hosted on a scalable, secure and resilient cloud architecture. "The FAA's commitment to rapidly upgrading the mission-essential NOTAM system is commendable," said Karen Dahut, CEO, Google Public Sector. "We are honored that Google was selected as the trusted cloud provider for this modernization, delivering the scale, security, and innovation needed for such an indispensable piece of the NAS infrastructure. Our partnership with CGI Federal accelerates this deployment, ensuring the FAA benefits from our advanced, FedRAMP High-compliant cloud services for enhancing aviation safety and reliability." To learn more about CGI Federal's aviation expertise, please visit: https://www.cgi.com/us/en-us/federal/civilian/aviation-it-systems. About CGI Federal Inc. CGI Federal Inc. (CGI Federal), a wholly owned U.S. operating subsidiary of CGI Inc., is a leading technology and professional services company that serves federal Government agencies across defense, civilian, healthcare, justice, intelligence and international affairs. With nearly 8,000 professionals, CGI Federal works with its clients to modernize Government through innovative technology solutions, flexible delivery models, and a commitment to achieve mission outcomes. For more information, visit www.cgifederal.com. About CGI Inc. Founded in 1976, CGI Inc. is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI Inc. 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. CGI Inc. works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Inc. Fiscal 2024 reported revenue is CA$14.68 billion and CGI Inc. shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. SOURCE CGI Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News