Target Hospitality Secures Seat on $4 Billion U.S. Government Strategic Sourcing Contract

Reuters

2025/05/21

Target Hospitality Secures Seat on $4 Billion U.S. Government Strategic Sourcing Contract

Target Hospitality Corp. has secured a seat on a $4 billion multi-year Emergency Detention and Related Services Strategic Sourcing Vehicle (SSV) awarded by the U.S. government. This contract aims to support the Department of Homeland Security $(DHS)$ and U.S. Immigration and Customs Enforcement $(ICE)$ in enhancing emergency detention capabilities and related services. The SSV offers Target Hospitality the opportunity to expand its service offerings and pursue additional growth avenues in alignment with recent U.S. immigration policy objectives. This initiative marks a significant step in Target's strategic growth, enabling the company to actively engage in potential future contracts supporting critical government immigration efforts. The contract period extends through May 16, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Hospitality Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA91584) on May 21, 2025, and is solely responsible for the information contained therein.

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