CGI Sees Rising Defense Spend Creating New Government IT Opportunities -- Market Talk

Dow Jones
01/28

1007 ET - Canadian IT consulting and services company CGI is seeing growing interest from governments increasing their defense spending. CEO Francois Boulanger points to Canada as an example, saying that "cyber security is important, so they'll need IT," and notes that CGI sees strong potential to expand its work with the federal government. He adds that the same dynamic is playing out globally as countries boost defense investment, highlighting existing relationships with defense ministries in Germany, the U.K., and NATO, all of which are already clients. "We are seeing momentum there and good opportunity there," Boulanger says. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

January 28, 2026 10:08 ET (15:08 GMT)

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