Janghak E&C

Janghak E&C, a South Korean for-profit construction firm headquartered in Seoul's Yongsan District, operates exclusively as a prime contractor performing facility repair, maintenance, and construction services at U.S. military installations in South Korea, with no subcontracting footprint and no small business set-aside designations across its federal portfolio.

Janghak E&C holds a dominant position on a single master vehicle: a $245 million multiple-award Indefinite Delivery Contract (W91QVN24D0065) awarded by the U.S. Army Installation Management Command Pacific Region in October 2023, running through October 2028, which authorizes individual delivery orders up to $2 million for general construction, repair, and upgrade of U.S. Forces Korea facilities. The company has issued 21 task orders valued at $17.8 million under this vehicle as of June 2026. Representative work under this IDIQ includes a $519.5 thousand delivery order from Pacific Air Forces (August 2025) for roof repairs at three buildings at Osan Air Base; a $992.8 thousand delivery order from Pacific Air Forces (July 2023) for civil works modifications including building demolition and concrete work near Building 929; and a $2.1 million delivery order from Pacific Air Forces (March 2022) for repair of Dormitory B340 at Kunsan Air Base. The company also holds or held positions on four other indefinite delivery contracts (W90VN919D0014, W91QVN04D0050, DAJB0399D0046, and W91QVN18D0085) through which it has issued a combined 153 task orders with roughly $25 million in combined potential value, supporting the same facility maintenance mission across U.S. Forces Korea installations.

Customer concentration is extreme and geographically pinned. The Department of the Army Installation Management Command Pacific Region accounts for 94 awards and $2.07 billion in combined potential value (92% of the award portfolio by count and 97% by dollars). The Department of the Air Force Pacific Air Forces supplies 51 awards valued at $100.6 million. Remaining customers—the Department of the Army Installation Management Command Korean Region (20 awards, $9.2 million), the Department of the Army Pacific Command (10 awards, $2.6 million), and the Army Corps of Engineers Engineering District Far East (2 awards, $2.5 million)—are minor contributors. All work is performed in South Korea at U.S. military bases including Osan Air Base, Camp Carroll, Camp Walker, Camp Henry, Kunsan Air Base, and others. NAICS concentration mirrors this scope: 178 of 240 awards fall under Commercial and Institutional Building Construction, with the remainder split between residential remodeling and heavy civil engineering. PSC codes show repair and alteration of office buildings (77 awards) and maintenance of administrative and service buildings (58 awards) dominate the portfolio.

Activity has contracted sharply. The award count fell from 26 awards in 2022 and 24 in 2023 to 5 in 2024, 4 in 2025, and 1 in 2026. Combined potential value across all 240 awards sits at $2.26 billion, but only $67 million has been obligated to date (3% realization), and recompete exposure in the next twenty-four months is minimal—only one award valued at $163 thousand reaches ultimate completion by mid-2027. The company has been registered in the System for Award Management since 2002 and carries a foreign-ownership designation as a South Korean corporate entity with no U.S. minority or disadvantaged business certifications.