Rapid Fire June 7, 2012: CEO Turnover

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Jay L. Johnson will retire from his position as Chairman and CEO of General Dynamics at the end of the year. Phebe N. Novakovic, President and COO since last month, will replace him. CACI’s CEO Paul M. Cofoni is also leaving, to be replaced by Daniel D. Allen. The GAO says recent overseas posture choices announced by the Obama administration – the Navy’s stationing in Rota (Spain), a reduced Army presence in Europe – remain to be fully costed. A little more than a year after Ambassador Tim Roemer quit, it’s unclear whether US SecDef Panetta has much to show for his visit to India. He tasked his deputy Ashton Carter to facilitate high tech military exports, but then these are difficult even with countries much closer to the US than India. Times of India | LA Times. The $400+M fire onboard USS Miami apparently started in a vacuum cleaner, making it the most expensive vacuum cleaner in recorded history. The US Navy’s Space and Naval Warfare Systems Command (SPAWAR) posted several updates pertaining to its ongoing NGEN intranet $4.5B RFP. Bidders have until June 11 to ask questions. FBO | SPAWAR. The Brookings Institute writes [PDF] that agile procurement […]

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