GEO Announces 10-Year ICE Agreement for Texas Complex

07:09 AM EST, 11/02/2026 (MT Newswires) -- GEO (GEO) said Big Spring, Texas, entered a 10-year agreement with US Immigration and Customs Enforcement to activate a 2,329-bed immigration processing center at the company's Big Spring Complex, the company said Monday. The company will provide security, maintenance, food, medical care, recreational amenities, and transportation services at the facility. The complex is expected to generate approximately $200 million in annual revenue for GEO in the first full year of operations, it added.