Core Viewpoint - The Florida Department of Corrections is set to award three contracts to The GEO Group for the management and support of three correctional facilities, which are projected to generate approximately $130 million in annualized revenue for the company [1] Company Summary - The GEO Group will manage three correctional facilities in Florida [1] - The expected annualized revenue from these contracts is around $130 million [1] Industry Summary - The contracts awarded by the Florida Department of Corrections indicate ongoing investment in private correctional facility management [1] - The decision reflects the state's reliance on private companies for correctional facility operations [1]