GEO Group Reports Q3 Earnings Amid Congressional Concerns Over No-Bid Contracts
DEFENSE
The GEO Group, Inc. reported third-quarter earnings of $0.25 per share, surpassing estimates, with revenue of $682.34 million, a 13.1% year-on-year increase. Concurrently, a group of Democrats, including Senator Elizabeth Warren and Representative Jamie Raskin, expressed concerns over immigration contractors receiving no-bid contracts linked to Trump administration officials in a letter to the inspectors general of the Department of Homeland Security and the Department of Defense.

Dec 22, 2025, 10:07 PM