It doesn't set the default value because your model isn't bound to the id or name properties, it's bound to each version
object. Try setting the versionID
to one of the objects and it should work, ie $scope.item.versionID = $scope.versions[2];
If you want to set by the id property then you need to add the select as
syntax:
ng-options="version.id as version.name for version in versions"