WASHINGTON (dpa-AFX) - The GEO Group Inc. (GEO) said on Tuesday that its subsidiary, GEO Transport, Inc. has bagged a five-year contract to provide air operations support services on behalf of the U.S. Immigration and Customs Enforcement or ICE, as a subcontractor to CSI Aviation, Inc., which has been selected by ICE as the prime contractor.
The contract is expected to generate around $25 million in annualized revenues for GEO.
Founded in 1979, CSI Aviation is a veteran-owned aviation services company and a provider of aviation support services to the U.S. government.
GTI first began providing air operations support services to ICE as a subcontractor to CSI Aviation, under a nine-month emergency contract starting in July 2023.
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