The company predicted the number of people electronically monitored by US Immigration and Customs Enforcement will climb to 465,000 over the next two years, up from 181,000. Ankle bracelets and other such monitors are GEO’s highest-margin business.
GEO also announced its BI Inc. unit secured a two-year contract worth as much as $1 billion to manage ICE’s Intensive Supervision Appearance ...
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