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Capital Business
Posted at 05:07 PM ET, 06/06/2012

General Dynamics, CACI chiefs to retire


CACI International Inc. building is shown, Monday, June 30, 2008, in Arlington, Va. Former detainees of the Abu Ghraib prison in Iraq are suing U.S. contractors in four states for alleged torture. Three Iraqis and a Jordanian filed federal lawsuits Monday alleging they were tortured by U.S. defense contractors, while detained at the Abu Ghraib prison in Iraq in 2003 and 2004, and named as defendants in the lawsuit CACI International Inc. of Arlington, Va., and New York-based L-3 Communications Corp., formerly Titan Corp. (AP Photo/Manuel Balce Ceneta) (Manuel Balce Ceneta - ASSOCIATED PRESS)
Two government contractors announced on Wednesday that their chief executives would retire, becoming the latest in a spate of industry departures.

Falls Church-based General Dynamics said Jay L. Johnson the company’s chairman and chief executive, plans to retire at the end of the year, while Arlington-based CACI International announced that Paul M. Cofoni, president and chief executive, would retire Dec. 1.

Phebe N. Novakovic is set to succeed Johnson at General Dynamics after taking over as president and chief operating officer last month. The move will make her the highest-ranking woman in the defense industry.

Johnson joined General Dynamics’s board of directors in 2003, became president and chief executive in 2009 and became chairman and chief executive in 2010.

At CACI, Daniel D. Allen, now president of U.S. operations, will become president and chief executive, while John S. Mengucci, chief operating officer of U.S. operations, will advance to become chief operating officer and president of U.S. operations, the company said.

Cofoni, who has been with CACI since 2005, will as of July 1 become chief adviser to the executive chairman of the board to ensure a smooth transition, according to CACI.

The leadership turnover comes as many others in the industry are making their own changes. On the same day that Novakovic takes over the reins of General Dynamics, Christopher E. Kubasik will become the new chief executive at neighboring competitor Lockheed Martin, based in Bethesda.

McLean-based Science Applications International Corp. and Falls Church-based Computer Sciences Corp. too have named new chief executives this year.

By  |  05:07 PM ET, 06/06/2012

 
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