Arlington-backed Aegis shuffles exec team

A defense technology services company recently backed by Arlington Capital Partners has hired one new executive and elevated a pair of other leaders to steer the contractor’s growth strategy.

In a release Thursday, Aegis Technology Group said it has hired three-decade market veteran James Batt as corporate vice president for business development and focus on organic expansion.

The company has also promoted Pat Cannon to sector president from his prior role as a division vice president, while Lance Cooper will move up to corporate senior VP of government operations from his former strategy executive post.

Arlington Capital acquired a majority stake in Aegis in October to represent the private equity firm’s first investment from its fifth fund of $1.7 billion closed in June. As part of that, former Altamira Technologies president Jonathan Moneymaker was appointed CEO of Aegis.