07:14 AM EDT, 06/27/2024 (MT Newswires) -- CGI (GIB-A.TO) U.S. subsidiary CGI Federal on Thursday said it had been selected as a technology partner to help the Federal Bureau of Investigation modernize its IT systems.

CGI's selection allows the company to bid on task orders under the FBI Information Technology Supplies and Support Services 2nd Generation (ITSSS-2) Blanket Purchase Agreement (BPA), which carries a ceiling value of US$8 billion.

"This new agreement will allow CGI to build upon a decade of success working with the FBI, to bring the right talent, tools and emerging technologies that the Bureau needs to thrive in today's rapidly evolving mission and technology landscape," said Robert Moskowitz, CGI Vice-President, Consulting Services.

CGI is down 1.7% to US$98.50 in U.S. premarket trade.