Mitch Stevison, a government contracting industry veteran, has joined Frontgrade Technologies as president and CEO. He succeeds Mike Elias at the helm of Frontgrade and comes to the Colorado Springs, Colorado-based company from Mercury Systems (Nasdaq: MRCY), where he served as an executive vice president and president of the mission systems division. In a statement

The State Department has approved a possible $271 million foreign military sale agreement with the South Korean government for F-35 munitions and related equipment. South Korea has requested to buy 39 AIM-120C-8 advanced medium-range air-to-air missiles along with tail kits, guidance sections, all-up rounds, bombs, munitions and spare and repair parts for the F-35 program,

Lockheed Martin (NYSE: LMT) has received a potential five-year, $199.1 million contract from the U.S. Army to provide industrial engineering support services for the family of munitions used on the service branch’s Multiple Launch Rocket Systems. Army Contracting Command will obligate $6.5 million in fiscal year 2010 foreign military sales funds and the service’s other