All DoD markets
NAICS 221122 · Electric Power Distribution

Top DoD electric power distribution contractors

In the 12 months ending Oct 5, 2026, the Department of Defense obligated $476.5M in net prime contract dollars under NAICS 221122, down 16.3% from $569.1M in the preceding 12 months. 110 prime contractors received positive obligations, and 20 of them accounted for 80% of that spend.

Prime contracts funded by the Department of Defense. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.

Net obligations, latest 12 months
$476.5M
down 16.3% vs. $569.1M
Prime contractors
110
With positive obligations
Top 8 primes’ share
51.4%
Of positive obligations
Awards with activity
289
325 in the prior 12 months

DoD publishes contract data to USAspending with a 90-day delay, so the most recent months understate DoD activity.

Obligations by fiscal year

Net prime contract obligations by federal fiscal year (October to September).

FY2022
$725.5M
FY2023
$644.4M
FY2024
$618.2M
FY2025
$644.2M
FY2026
$490.4M

Top DoD contractors for NAICS 221122

Ranked by positive obligations in the latest 12 months. Share is of all positive obligations in this market.

Top contractors, DoD NAICS 221122
#ContractorLatest 12 moPrior 12 moShareRank change
1Korea Electric Power Corporation$52.7M$79.1M11.0%—
2Foreign Utility Consolidated Reporting$51.6M$19.3M10.8%▲ 7
3Dominion Privatization Texas, LLC$30.6M$34.1M6.4%▼ 1
4City Light & Power Aberdeen, LLC$27.2M$28.5M5.7%▼ 1
5Virginia Electric and Power Company$24.9M$4.6M5.2%▲ 27
6Oklahoma GAS and Electric Company$22.0M$18.6M4.6%▲ 5
7City Light & Power, Inc.$19.3M$23.6M4.0%▼ 2
8Gulf Coast Electric Cooperative Inc$17.4M$13.4M3.6%▲ 8
9Hawaiian Electric Company, Inc.$15.4M$7.0M3.2%▲ 16
10RIO Grande Electric Cooperative, Inc.$15.0M$19.5M3.1%▼ 2
11Dominion Privatization Virginia, LLC$14.2M$14.1M3.0%▲ 4
12Alabama Power Company$13.8M$23.3M2.9%▼ 6
13City Light & Power FTC LLC$12.4M$19.1M2.6%▼ 3
14Choctawhatchee Electric Cooperative, Inc.$12.0M$16.6M2.5%▼ 2
15Duke Energy Progress, LLC$10.5M$12.1M2.2%▲ 5

What changed in the last 12 months

Contractors with the largest change in reported obligations versus the preceding 12 months.

Largest gains

  • Foreign Utility Consolidated Reporting
    $19.3M → $51.6M (+$32.3M) · now #2
  • Virginia Electric and Power Company
    $4.6M → $24.9M (+$20.3M) · now #5
  • Hawaiian Electric Company, Inc.
    $7.0M → $15.4M (+$8.4M) · now #9

Largest declines

  • Korea Electric Power Corporation
    $79.1M → $52.7M (−$26.4M) · now #1
  • Puget Sound Energy Inc
    $24.3M → $1.3M (−$23.0M) · now #41
  • City Light & Power AWP, LLC
    $12.8M → −$634K (−$13.5M) · no latest-period obligations

New to this market

30 contractors received their first obligations in this market (since FY2022) during the latest 12 months. The largest:

New contractors
ContractorFirst obligationLatest 12 mo
Constellation Newenergy, Inc.Feb 6, 2026$1.9M
Gexa Energy, LPJan 23, 2026$536K
Phaeton Solutions LLCMay 29, 2026$360K
Allete, Inc.Dec 31, 2025$156K
Montana Dakota Utilities CoMay 29, 2026$117K
Pioneer Electric Cooperative IncJan 9, 2026$109K
Tishomingo County Electric Power AssociationJan 5, 2026$91K
Appalachian Power CompanyOct 29, 2025$83K

Where the money comes from

Funding sub-agencies within the Department of Defense, latest 12 months. The funding organization can differ from the office that runs the requirement.

Funding sub-agencies
Funding sub-agencyLatest 12 moPrior 12 moChange
Department of the Army$318.1M$410.7MDown $92.5M (22.5%)
Department of the Air Force$116.9M$134.2MDown $17.3M (12.9%)
Department of the Navy$41.0M$23.6MUp $17.5M (74.3%)
Defense Finance and Accounting Service$577K$0New
Defense Contract Management Agency$250K$152KUp $98K (64.6%)
Defense Logistics Agency$4K$5KDown $496 (10.1%)

Potential recompetes

Large awards in this market whose current period of performance ends in the next 18 months. Treat these as research leads: options, extensions, and follow-on vehicles often change the timing.

Awards ending in the next 18 months
AwardIncumbentObligatedCurrent end
W91QVN26FA321
Korea Electric Power Corporation
FY26 TASK ORDER FOR ELECTRIC_CP HUMPHREYS AND K16_1 MARCH 2026 TO 31 OCTOBER 2026
$27.6MOct 31, 2026
W91QVN26FA442
Korea Electric Power Corporation
FY26 TASK ORDER ELECTRIC CP CASEY FROM 1 JUN 26 TO 31 OCT 26
$4.9MOct 31, 2026
SP060009C8253
City Light & Power, Inc.
UTILITY SERVICES FOR ELECTRIC DISTRIBUTION SYSTEM AT MARCH ARB, CA
$5.4MJan 22, 2027
SP060009C8251
Dayton Power and Light Company, the
UTILITY PRIVATIZATION OF THE ELECTRIC DISTRIBUTION SYSTEM AT WRIGHT-PATTERSON AFB, OH.
$39.9MMar 17, 2027
FA813626F0024
OGE Energy Corp
UTILITY ENERGY SERVICES CONTRACT DELIVERY ORDER #1402 (9TH PAYMENT) CSAG-M
$4.0MMar 31, 2027
SP060026F1001
Canoochee Electric Membership Corp
THE PURPOSE OF THIS ORDER IS TO FUND THE UTILITY SERVICE CHARGE FOR THE PERFORMANCE PERIOD OF APRIL 1, 2026 - APRIL 30, 2026.
$3.8MMar 31, 2027
N4425520F9501
Puget Sound Energy Inc
ENERGY CONSERVATION SERVICES
$5.4MJun 1, 2027
FA875122C0023
Griffiss Utility Services Corporation
AFRL/DFAS PURCHASED ELECTRIC UTILITY
$8.1MSep 30, 2027
W519TC24F0070
Brunswick Electric Membership Corporation
NEW TASK ORDER.
$9.0MDec 1, 2027
N4008522F9953
Duke Energy Progress, LLC
UTILITY ENERGY SERVICE CONTRACT (UESC)/ENERGY RESILIENCE & CONSERVATION INVESTMENT PROGRAM(ERCIP)P-1487 MICROGRID CAMP JOHNSON
$26.1MDec 31, 2027

Common questions

Who are the top DoD contractors for NAICS 221122?

In the latest 12 months, Korea Electric Power Corporation ($52.7M), Foreign Utility Consolidated Reporting ($51.6M), Dominion Privatization Texas, LLC ($30.6M) received the most DoD obligations for electric power distribution.

How concentrated is this market?

The eight largest primes held 51.4% of positive obligations, and Korea Electric Power Corporation alone held 11.0%. 30 contractors won their first obligations in this market during the latest 12 months.

Are any large DoD NAICS 221122 contracts ending soon?

10 of the largest awards in this market reach their current end date in the next 18 months. The first is W91QVN26FA321 (Korea Electric Power Corporation, $27.6M obligated), ending Oct 31, 2026. An end date is a research lead, not a confirmed recompete: options and extensions often move it.

Related markets

Figures are net obligations on prime contracts (award types A–D) from USAspending.gov, grouped by funding agency and the NAICS code on each award. Net obligations include deobligations and corrections, so they can differ from positive-obligation totals. See methodology.

Ready to win more?

Ready to connect your pursuit work?

GovEagle gives BD directors, capture managers, and proposal teams one AI workspace from pipeline through proposal, with CMMC/FedRAMP Certified compliance built in.