The GEO Group Announces Contract for Big Spring Complex in Texas Totaling 2,329 Beds

The GEO Group Announces Contract for Big Spring Complex in Texas Totaling 2,329 Beds

BOCA RATON, Fla.--(BUSINESS WIRE)--Nov 2, 2026-

GEO’s Texas ICE Deal Targets $200 Million, With Revenue per Bed Near Tacoma’s

Boca Raton, November 2, 2026, 13:06 (EST) GEO Group (NYSE:GEO) on Monday announced an agreement for 2,329 immigration detention beds in Texas. The company expects approximately $200 million in annual revenue in the first full year of operations. The forecast is closely in line with GEO’s renewed Tacoma contract when measured by capacity. Dividing each…

Release - The GEO Group Announces Contract for Big Spring Complex in Texas Totaling 2,329 Beds - Channelchek

The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that the City of Big Spring, Texas has entered into a 10-year intergovernmental service agreement with U.S. Immigration and Customs Enforcement (“ICE”) for the activation of a federal immigration processing center at the 2,329-bed Big Spring Complex in Texas (the “Big Spring Complex”), comprised of the 1,404-bed Flightline Facility and the 925-bed Cedar Hill Facility.

Big Spring Enters 10-Year ICE Deal for GEO’s 2,329-Bed Complex

The agreement covers activation of a federal immigration processing center at The GEO Group’s Big Spring Complex.