Reflecting the limited supply of and older state of many government-owned correctional facilities, among other factors, we anticipate that the company will continue to sign new business that, in turn, will further enhance operating leverage, results and multiple expansion. The company recently expanded the occupancy it provides to the state of Montana and there are multiple new RFIs and RFPs from ICE for new capacity. Reflecting CXW's ongoing discussions with both existing and potential government partners for new occupancy, we believe the outlook for new business activity for CXW is strong.
