Home / Executive Moves / Peter Cannito Named Operating Partner at AE Industrial Partners

Peter Cannito Named Operating Partner at AE Industrial Partners

Peter Cannito

Peter Cannito, former CEO of defense technology firm Polaris Alpha, has joined private equity firm AE Industrial Partners as an operating partner.

Cannito will also serve on the board of Gryphon Technologies, which became a portfolio company of AEI after its acquisition in September 2018, the private equity firm said Wednesday.

“Peter’s experience leading high-growth companies, shepherding defense, technology, and government services companies through strategic transformations, acquisitions, and integrations, along with his expertise with high-tech, critical systems for companies in our core markets, will benefit AEI’s portfolio companies and our firm’s overall strategic direction,” said David Rowe, a managing partner at AEI.

Cannito brings to AEI over two decades of experience in defense, government services and technology industries.

Prior to Polaris, he served as CEO and chief operating officer at C4ISR tech provider EOIR Technologies and worked at Booz Allen Hamilton (NYSE: BAH), where he led a team of systems and software engineers focused on intelligence and defense programs. He is a retired U.S. Marine Corps officer and founded an enterprise mobile computing firm.

Check Also

F5 to Buy Shape Security for $1B; Francois Locoh-Donou Quoted

F5 Networks (Nasdaq: FFIV) has agreed to acquire Santa Clara, Calif.-based Shape Security for approximately $1B in cash as both companies aim to help government and enterprise customers secure digital experience with integrated offerings.

Paratek Secures $169M Anthrax Antibiotic Development Contract Under HHS Project BioShield

The Department of Health and Human Services has awarded Paratek Pharmaceuticals a potential a five-year, $169M contract to further develop an antibiotic drug as a potential treatment for inhalation anthrax.