CoreCivic Announces New Contract Award At Diamondback Correctional Facility [Yahoo! Finance]
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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US:NYSE Investor Relations:
ir.corecivic.com/investor-relations
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Source: Yahoo! Finance
BRENTWOOD, Tenn., Oct. 01, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today that it has been awarded a new contract under an Intergovernmental Services Agreement ("IGSA") between the Oklahoma Department of Corrections ("OKDOC") and U.S. Immigration and Customs Enforcement ("ICE") to resume operations at the Company's 2,160-bed Diamondback Correctional Facility, a facility that has been idle since 2010. The new contract commences on September 30, 2025, for a term of five years, and may be extended through bilateral modification. The agreement provides for a fixed monthly payment plus an incremental per diem payment based on detainee populations. Total annual revenue once the facility is fully activated is expected to be approximately $100 million. We expect to begin receiving detainees in the first quarter of 2026, with the full ramp estimated to be complete in the second quarter of 2026. Damon T. Hininger, CoreCivic's Chief Executive Officer, com
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News
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- Private prison operator profited despite the government shutdown [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 11/5/25 - Miss
CXW
Sec Filings
- 12/2/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/10/25 - Form 8-K
- CXW's page on the SEC website