Monitor GEO's next quarterly filing for backlog growth and margin commentary on this contract. The award reinforces the company's core ICE detention business but is not large enough to materially alter revenue or earnings trajectory on its own.
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Executive Summary
The GEO Group received a $53.6 million contract from the Department of Homeland Security for detention services at its Adelanto and Desert View Annex facilities in California. The award represents approximately 1.9% of annualized revenue, a notable but not transformative addition to the company's secure services backlog.
Key Financial Metrics
Key Facts
- Contract value: $53,590,841.12
- Awarding agency: Department of Homeland Security
- Period of performance starts September 20, 2026
- Services: detention services at Adelanto and Desert View Annex centers in Los Angeles AOR
- Award represents ~1.9% of annualized revenue ($2.82B)
Financial Impact
$53.6M contract, approximately 1.9% of annualized revenue
Risk Factors
- Government funding risk: continuing resolutions or policy changes could affect contract duration or payment
- Execution risk: operational costs at the facilities may compress margins
- Political/regulatory risk: immigration detention policy shifts could impact future renewals
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-70CDCR26FR0000131 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | Institutional Cluster | $26.94 | awaiting T+20 | — | $28.13 (+4.40%) |
Oct 8, 2026 17d ago | 8-K | $31.13 | awaiting T+20 | — | $28.13 (−9.65%) |
Oct 5, 2026 21d ago | 8-K | $32.34 | awaiting T+20 | — | $28.13 (−13.03%) |
Sep 16, 2026 5w ago | GOVT-CONTRACT | $32.14 $29.33 | ▼ −8.74% | ▼ −9.95% | $28.13 (−12.49%) |
Sep 15, 2026 5w ago | GOVT-CONTRACT | $31.43 $30.81 | ▼ −1.97% | ▼ −4.03% | $28.13 (−10.52%) |
Sep 9, 2026 6w ago | Court Ruling | $31.38 $30.96 | ▲ +1.34% | ▲ +3.46% | $28.13 (+10.37%) |
Aug 25, 2026 8w ago | Insider Cluster | $32.77 $31.96 | ▼ −2.47% | ▼ −2.62% | $28.13 (−14.17%) |
Aug 24, 2026 8w ago | Insider Cluster | $32.16 $30.62 | ▼ −4.79% | ▼ −5.76% | $28.13 (−12.55%) |
Aug 14, 2026 10w ago | Court Ruling | $31.15 $31.26 | ▲ +0.35% | ▲ +2.33% | $28.13 (−9.71%) |
Aug 6, 2026 11w ago | GOVT-CONTRACT | $30.69 $31.77 | ▲ +3.52% | ▲ +3.92% | $28.13 (−8.36%) |
US Market Status
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