The State of New Jersey Awards CGI Inc. (GIB) a 10-Year Contract to Continue Building and Maintaining Its State Integrated Recovery Operations Management Systems (SIROMS)

With significant upside potential, CGI Inc. (NYSE:GIB) secures a spot on our list of the 12 Best Widow and Orphan Stocks to Buy According to Analysts.

The State of New Jersey Awards CGI Inc. (GIB) a 10-Year Contract to Continue Building and Maintaining Its State Integrated Recovery Operations Management Systems (SIROMS)

On September 26, 2025, the State of New Jersey awarded CGI Inc. (NYSE:GIB) a 10-year contract to continue building and maintaining its State Integrated Recovery Operations Management Systems (SIROMS). Originally developed to coordinate recovery operations after Superstorm Sandy, SIROMS has now become the state’s official system of record for natural disaster recovery, enabling the distribution of over $7 billion in recovery funds.

Under the renewed agreement, CGI Inc. (NYSE:GIB) will enhance New Jersey’s disaster response capabilities and improve the management of federal recovery funding. Along with its 7.13% year-over-year revenue growth and the August acquisition of Apside in France, the award highlights CGI Inc. (NYSE:GIB)’s growing role in U.S. public-sector IT services and positions it for further growth despite market challenges.

CGI Inc. (NYSE:GIB) provides IT and business process services globally, including software solutions, systems integration, and strategic IT consulting. It is one of the Best Widow and Orphan Stocks.

While we acknowledge the potential of GIB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GIB and that has 100x upside potential, check out our report about this cheapest AI stock.

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