Aegis executives bail out

France’s Intelligence Online reports that a string of top executives have left Tim Spicer’s mercenary outfit Aegis:

In
addition to Lou Possanza, head of Aegis’ American affiliate, who left at
the end of last year, Steve Brooking and Johnny Farr have also bailed
out. Brooking ran Aegis’ office in Afghanistan while Farr represented the
firm in Iraq. Aegis’ director for the Middle East, Dubai-based Jan de
Haldevang, has also quit. (Intelligence Online via Weapons Trade Observer)

The article suggests the wave of departures may be related to the uncertainty around the renewal of Aegis’ huge security contract in Iraq. The decision, originally due on 10 May, may now take another three to six months. No doubt the company’s failure to win a number of contracts in Afghanistan is also a factor.