ICE DETENTION BOOM: GEO GROUP AND CORECIVIC LAND NO-BID DEALS AS CAPACITY TARGETS 107,000 BEDS

The Independent reports rapid, administration-driven expansion of ICE detention capacity benefiting private prison firms GEO Group and CoreCivic. Shares surged post-election as the companies secured major ICE contracts, including no-bid awards, amid FOIA-documented overcapacity and plans to more than double national detention to 107,000 beds by 2026.