The GEO Group, Inc.

The GEO Group, Inc., doing business as GEO, is a for-profit detention and correctional services operator headquartered in Boca Raton, Florida, that provides immigration detention facility management, prisoner housing, detention transportation, medical services, and residential reentry services to federal agencies as a prime contractor (100% of recent awards) competing under full-and-open procurement with no set-aside designations.

GEO operates as a dominant federal contractor across three core customer agencies. Immigration and Customs Enforcement (ICE) leads by award count with 213 awards ($14.13 billion combined potential value) covering detention and transportation services at facilities nationwide including Adelanto, North Lake, Tacoma, Delaney Hall, Aurora, Rio Grande, Montgomery Processing Center, Broward Transitional Center, and Mesa Verde, among others. The Department of Justice Bureau of Prisons accounts for 114 awards ($6.03 billion combined potential value) for residential reentry center operations and correctional facility management. The Department of Justice US Marshals Service Prisoner Operations Division places 13 awards ($2.63 billion combined potential value) for detention services at facilities including Central Valley and Western Region detention centers. These three agencies account for roughly 89% of GEO's recent awards and together drive the company's federal contracting footprint. A single outlier award—the Naval Supply Systems Command WEXMAC 2.2 multiple-award indefinite-delivery contract awarded in February 2026—anchors $55 billion in potential value to GEO's portfolio, though this vehicle targets global expeditionary logistics and humanitarian assistance across all federal agencies and does not reflect GEO's core detention-services focus.

GEO's service footprint centers on facility operations under long-term indefinite-delivery contracts. The company holds ten named IDIQs with combined ceilings exceeding $2.9 billion, anchored by a $788.7 million ICE contract for Delaney Hall (Newark, New Jersey) extending through February 28, 2035; a $528.7 million ICE contract for Big Horn facility (Hudson, Colorado) through July 8, 2031; a $482.4 million ICE contract for Denver Aurora facility through October 15, 2026; and a $223.1 million ICE contract for North Lake facility (Baldwin, Michigan) through July 20, 2027. GEO also operates under a $216.6 million ICE IDIQ for Miami area detention services and a $145.6 million emergency detention strategic sourcing vehicle with ICE running through May 16, 2027. The company issues task orders and BPA calls against these vehicles in response to fluctuating detention capacity requirements. Representative recent awards include a $86.4 million delivery order for Adelanto ICE Processing Center (Los Angeles area) through December 19, 2029; a $526.6 million delivery order with the US Marshals Service for Western Region detention facility through October 31, 2026; and a $105.3 million US Marshals Service delivery order for Central Valley Detention Facility through July 31, 2026. Pricing across all awards is firm fixed-price.

Activity has remained relatively flat over the past five years—ranging from twelve to sixteen awards annually from 2022 through 2025, with seven awards recorded in the first half of 2026—while combined potential value across all 446 prime awards has accumulated to $82.9 billion. However, only $9.93 billion (12% of combined potential value) remains obligated across the portfolio, reflecting GEO's reliance on indefinite-delivery vehicles and task-order drawdowns. Within the next twenty-four months, eighteen awards carrying combined potential value of $1.88 billion reach ultimate completion date, signaling substantial recompete exposure across GEO's core ICE and DOJ-BOP detention operations.

The Service Contract Inventory dataset captures GEO's federal service-contract labor activity above the $150,000 threshold from FY2022 through FY2024. SCI-reportable invoiced revenue totaled $1.37 billion across that three-year window: $432.3 million in FY2022 (5,039 FTEs), $428.5 million in FY2023 (2,227 FTEs), and $513.4 million in FY2024 (3,996 FTEs). Workforce scale declined sharply from FY2022 to FY2023, then recovered partially in FY2024, suggesting fluctuations in detention bed occupancy or operational restructuring. On SCI-reportable prime contracts, government-paid hourly rates ranged from a 10th percentile of $13.44/hr to a median of $79.71/hr and a 90th percentile of $138.34/hr, reflecting GEO's mix of facility operations labor (lower-wage guard and housekeeping roles) and management or specialized services (higher-wage case workers, medical staff, transportation specialists). Across SCI records, GEO performs all reported labor in-house with zero subcontractor engagement (0% average sub-hours share), indicating the company builds and operates its own delivery workforce.

GEO operates through thirteen named subsidiaries including GEO Transport, Inc. (prisoner and detainee transportation); GEO Care Services, LLC and GEO Care, Inc. (medical and care services); GEO Secure Services, LLC (security operations); GEO Reentry Inc. (residential reentry and community supervision); Correctional Systems, Inc. and Cornell Companies, Inc. (correctional facility operations); and Correct Care, LLC (medical and healthcare services), among others. This subsidiary structure allows GEO to segment service lines and operational accountability across detention facility management, transportation logistics, medical care, and community reentry programs, though all federal awards are issued to the parent entity.

GEO competes exclusively on full-and-open procurements with no set-aside activity across its federal footprint. The company's business model depends on long-term indefinite-delivery contracts with ICE, the Bureau of Prisons, and the US Marshals Service, coupled with steady task-order placement and BPA calls driven by detention capacity demands tied to immigration enforcement operations and federal prisoner populations. Competitive exposure concentrates on recompetes of core detention facilities—particularly Delaney Hall, Big Horn, Denver Aurora, North Lake, and Miami area operations—where GEO's incumbent operational track record and facility management infrastructure form the primary competitive advantages against potential challengers.