corecivic

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8/8/2026AI总结

Private Prison Giants Report $1.4B in Quarterly Revenue Amid Rising Immigration Detention

America's largest private prison companies, CoreCivic and GEO Group, reported a combined $1.4 billion in quarterly revenue as U.S. immigration detention nears record levels, bolstered by government contracts, facility sales, and electronic monitoring expansion.

CoreCivic Completes $1.5 Billion Sale of California Immigration Detention Centers to DHS

CoreCivic has finalized the $1.5 billion sale of two major California immigration detention centers to the Department of Homeland Security (DHS). The deal, which closed July 2, is part of a federal effort to expand detention capacity and reduce reliance on private facilities, despite ongoing scrutiny over conditions and legal challenges.

The Independent World

3 min read