The markets indifferent response to this CGL announcement is...

The markets indifferent response to this CGL announcement is just a little bit mystifying, to me anyway...
Seems to be a material, high quality win - $24M in revenue over 2 years, to a Fed Govt department? An add-on to an existing contract... If one was to annualise the revenue at $12M per annum (it may not be), it is equivalent to a ~15% increase in revenue and if 10% drops to NPAT then a similar increase in NPAT & EPS.
Seems like a very material and high quality, positive event for CGL.
The market is only focusing on the blue chips at the moment, but the worm will turn.

Gosouth