Records show ICE has already paid BI $1.6 million, with the potential for the contract to grow to as much as $121 million by the time it concludes in 2027.
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The deal illustrates a strategy of vertical integration within GEO Group, which has found a growing line of business operating for-profit immigration detention centers under the second Trump administration. In this case, the corporation stands to be paid by the federal government to both find immigrants and then to imprison them.
Shares of GEO Group, which donated to both Trump’s reelection campaign and his inaugural fund, spiked following his 2024 victory. Trump’s return to office has proven fortuitous for GEO Group: The president’s “Big Beautiful Bill” earmarked $45 billion for jailing immigrants. “This is a unique moment in our company’s history,” GEO Group CEO J. David Donahue told investors in May, “and we believe we are well-positioned to meet this unprecedented opportunity.”


