The $55.4M modification is a routine follow-on to an existing IDIQ contract and does not represent a material change to CGI's revenue trajectory. Monitor for future task order awards under this IDIQ and broader SSA IT spending trends. The contract reinforces CGI's stable federal revenue stream but is not a catalyst.
Price Chart
Executive Summary
CGI Federal Inc., a subsidiary of CGI Inc. (GIB), received a $55.4M task order modification from the Social Security Administration for IT services support. This is a follow-on to an existing IDIQ contract, reinforcing CGI's position as a key federal IT contractor, though the award size is modest relative to CGI's $17.1B market cap.
Key Financial Metrics
Key Facts
- CGI Federal Inc. received a $55.4M task order modification (P00002) from the Social Security Administration.
- The modification is against the ITSSC IDIQ contract SS00-17-60018.
- Scope includes Application Performance Management, Representative Payee Monitoring Tool, Shared IT and Enterprise Services, and Systems Operations and Hardware Engineering support.
- Company annual revenue is unknown, so revenue impact percentage cannot be calculated.
Financial Impact
$55.4M task order modification; revenue impact as a percentage of CGI's total revenue is unknown but likely small given the company's $17.1B market cap.
Risk Factors
- Federal budget uncertainty (continuing resolutions, sequestration) could affect future task order funding.
- Execution risk on the specific scope items (APM, RPMT, SITES, SOHE) if staffing or technology challenges arise.
- Competitive recompete risk when the IDIQ contract expires.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-28321326FDS030046 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 31, 2026 4w ago | GOVT-CONTRACT | $75.25 $67.62 | ▼ −10.14% | ▼ −9.95% | $70.19 (−6.72%) |
Jul 29, 2026 9w ago | 6-K | $74.50 $73.24 | ▼ −1.69% | ▼ −6.71% | $70.19 (−5.79%) |
Jul 27, 2026 9w ago | Court Ruling | $69.47 $74.82 | ▲ +7.70% | ▲ +4.40% | $70.19 (+1.04%) |
May 12, 2026 20w ago | 6-K | $63.19 $66.85 | ▲ +5.79% | ▲ +7.52% | $70.19 (+11.08%) |
Apr 29, 2026 22w ago | 6-K | $65.46 $67.63 | ▲ +3.32% | ▼ −2.73% | $70.19 (+7.23%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access