The GEO Group (GEO) has secured a contract with U.S. Immigration and Customs Enforcement (ICE) to provide skip tracing services, potentially generating up to $121 million over two years. Following this announcement, GEO's stock rose by 2.3% in premarket trading. The company's BI Inc. unit will manage the services, which include advanced location research and data verification. The agreement starts on December 16, 2025, with an initial one-year term and an optional additional year.
https://www.gurufocus.com/news/4079629/geo-group-geo-secures-121m-ice-contract-shares-rise
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