CoreCivic Announces Four New Contract Modifications to Add Capacity for U.S. Immigration and Customs Enforcement
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CoreCivic, Inc. has announced contract modifications to increase capacity for U.S. Immigration and Customs Enforcement (ICE) at several of its facilities, adding up to 784 detainee beds across multiple locations.
February 27, 2025 | 1:15 pm
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CoreCivic has secured contract modifications to increase its capacity for ICE detainees by up to 784 beds across several facilities, potentially boosting revenue.
The contract modifications with ICE to add capacity at multiple facilities suggest a potential increase in revenue for CoreCivic. This expansion indicates a strengthening partnership with ICE, which could positively impact CoreCivic's financial performance in the short term.
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