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Department of State Awarded a Contract to JOEUN SYSTEM CORP. for $11,692,327.65

Signed on

9/29/2025, 12:00 AM

JOEUN SYSTEM CORP. Government Contract #19AQMM25C1125

JOEUN SYSTEM CORP. was awarded a contract with the United States Government for $11,692,327.65. The contract was awarded by the agency office ACQUISITIONS - AQM MOMENTUM, which is a division with the Department of State within the Department of State.

Summary of Award

The recipient of the federal contract is JOEUN SYSTEM CORP., a foreign-owned business incorporated in the U.S. They provide security guards and patrol services in South Korea. The contract, funded by the Department of State, is for US Mission Korea Local Guard Services and is worth $2,000. Notable spending patterns include multiple transactions with varying amounts, such as a $2,000 transaction on 2025-09-29 for the award.

Contract Details

Contract ID19AQMM25C1125
Contract TypeD
Total Obligation$2,000.00
Exercised Options$2,295,924.09
Base Amount + Options$11,692,327.65
Date Signed2025-09-29
Contract DescriptionUS MISSION KOREA LOCAL GUARD SERVICES
Start Date2026-01-01
End Date2026-12-31

Agency Details

Awarding AgencyDepartment of State
Awarding Sub AgencyDepartment of State
Awarding OfficeACQUISITIONS - AQM MOMENTUM
Funding AgencyDepartment of State
Funding Sub AgencyDepartment of State
Funding OfficeBUREAU OF DIPLOMATIC SECURITY

Recipient Details

RecipientJOEUN SYSTEM CORP.
Recipient Location70 SEONYU-RO, YEONGDEUNGPO-GU SEOUL , KOREA, SOUTH
Business CategoriesCategory Business, Corporate Entity Tax Exempt, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #0 | $2,000.00September 29, 2025

Department of State, a sub agency of Department of State, issued a payment of $2,000.00 to JOEUN SYSTEM CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $0.00February 25, 2026

Department of State, a sub agency of Department of State, issued a payment of $0.00 to JOEUN SYSTEM CORP.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00January 30, 2026

Department of State, a sub agency of Department of State, issued a payment of $0.00 to JOEUN SYSTEM CORP.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00December 2, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to JOEUN SYSTEM CORP.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $2,000.00September 29, 2025

Department of State, a sub agency of Department of State, issued a payment of $2,000.00 to JOEUN SYSTEM CORP.. The payment included a Subsidy Cost of $0.00.

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