Two Contractor CEOs to Retire
June 6, 2012
Two government contractors announced Wednesday that their chief executives would retire, becoming the latest to step down in a spate of contracting-industry departures.
General Dynamics, which is based in Falls Church, 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.