Daesung Energy Co.,Ltd.

Daesung Energy Co.,Ltd., a for-profit South Korea-based natural gas utility supplier, serves as the sole-source prime contractor providing natural gas to U.S. Army installations in the Pacific Region under a single-award Indefinite Delivery Contract and subordinate delivery orders, with no subcontractor footprint and no small-business set-aside participation.

Daesung Energy is a corporate entity headquartered in Daegu, South Korea, registered in System for Award Management since January 2012. The vendor operates exclusively under PSC Utilities-Gas and NAICS Natural Gas Distribution, delivering utility gas supply services to U.S. military bases in South Korea—specifically Walker, Henry, and Daegu Army installations. All work is performed in-country with no domestic operations.

Customer concentration is absolute: the Department of the Army Installation Management Command Pacific Region accounts for all 23 awards in the source data, representing 100% of combined potential value ($60 million). The vendor holds a single 10-year Indefinite Delivery Contract, W91QVN23D0008, valued at approximately $14.8 million and running through November 2032, awarded December 1, 2022. Under this IDC, the Army has issued eight delivery orders totaling $3 million in combined potential value. Recent delivery orders include a $440,000 firm fixed-price order (November 1, 2025–January 31, 2026), a $150,000 order (February 1, 2026–June 30, 2026), and a $130,000 order (July 1, 2025–October 31, 2025) for natural gas supply to Walker and Henry bases. The vendor also holds two legacy IDCs—W91QVN13D0009 (11 delivery orders, $6.3 million combined potential value) and W91QVN12D0092 (1 delivery order, $267 thousand)—reflecting the vendor's continuous role as the Army's dedicated natural gas provider across multiple contract cycles.

Activity is flat. The vendor received three awards in 2022, two in 2023, two in 2024, two in 2025, and one in 2026, with no growth trajectory. Obligated dollars total $9.5 million against $60 million in combined potential value (16% burn rate), reflecting the delivery-order structure of IDC awards and the vendor's ongoing but incremental call-down pattern. Because all work flows through a single customer agency with whom Daesung has held sole-source status since at least 2012, competitive exposure is confined to Army-Pacific recompetes under the IDC vehicle; the vendor faces no teaming, sub, or multi-agency customer diversification scenarios.