CGI promotes Horace Blackman to lead Defense, Intelligence and Space business unit

Rhea-AI Summary

CGI Federal has announced the promotion of Horace Blackman to Senior Vice President, leading the company's Defense, Intelligence, and Space business unit. This role emphasizes strategic growth following recent acquisitions, including TeraThink and ARRAY. Blackman brings over 20 years of experience in government solutions and aims to align capabilities to client needs for profitable growth.

Positive

• Horace Blackman's promotion signals strategic focus on the Defense, Intelligence, and Space sectors.
• Recent acquisitions (TeraThink and ARRAY) enhance CGI's market position in defense and intelligence.
• Blackman has over 20 years of experience, indicating strong leadership and expertise.

Negative

• None.

FAIRFAX, Va., March 15, 2022 /PRNewswire/ -- CGI Federal is pleased to announce that Horace Blackman has been promoted to Senior Vice President and lead of the company's Defense, Intelligence and Space business unit, effective immediately. In this new role, Mr. Blackman is responsible for shaping the business unit's strategic development and growth, further expanding on the company's growing defense, intelligence and space markets, including the recent acquisitions of TeraThink and ARRAY. He will report to CGI Federal President Stephanie Mango.

For over 20 years, Mr. Blackman has worked with government organizations to support their missions and deliver impactful change through business and information technology solutions. Prior to joining CGI, Mr. Blackman held leadership roles focused on business development, program execution and strategic planning at major civilian and defense contractors. Additionally, he spent six years in various IT leadership roles at the U.S. Department of Veterans Affairs. 

"During the past few years, our Defense, Intelligence and Space business unit has expanded its business strategy and capabilities to further align to our clients' mission-critical needs," stated Stephanie Mango, CGI Federal President. "Mr. Blackman brings substantial private and public sector expertise and a decades-long track record of successful growth and value to mission-critical programs. His leadership will enable us to further expand our defense, intelligence and space capabilities as we focus our business strategy on profitable growth."

"I'm excited and humbled to assume this important and impactful role. I look forward to working with the incredibly talented and successful team within the Defense, Intelligence and Space business unit," said Mr. Blackman. "Drawing upon our work with the Defense Intelligence Agency, the U.S. Air Force, the U.S. Army and the U.S. Marine Corps, we will continue to help our clients transform our nation's defense posture and protect our nation and our fellow citizens."

About CGI CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare and intelligence missions. Founded in 1976, CGI is among the largest IT and business consulting services firms in the world. With 82,000 consultants and other professionals across the globe, CGI 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 works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2021 reported revenue of C$12.13 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
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SOURCE CGI Federal

FAQ

What is the significance of Horace Blackman's promotion at CGI Federal?

Horace Blackman's promotion to Senior Vice President is significant as it emphasizes CGI's commitment to growth in the Defense, Intelligence, and Space markets, following recent acquisitions.

What recent acquisitions has CGI made in the Defense sector?

CGI recently acquired TeraThink and ARRAY, enhancing its capabilities in the Defense, Intelligence, and Space markets.

What experience does Horace Blackman bring to his new role?

Horace Blackman brings over 20 years of experience, including leadership roles at major contractors and IT positions at the U.S. Department of Veterans Affairs.

How does CGI plan to grow its Defense and Intelligence business?

CGI plans to grow its Defense and Intelligence business by aligning its strategies with client needs and leveraging recent acquisitions.

What are the stock symbols for CGI?

CGI is listed on the NYSE under the symbol GIB and on the TSX as GIB.A.