is the commander of the carrier's air wing, and oversees the operations of all the squadrons within the battle group. More than likely the CAG
is an ex-fighter jock with at least the grade of commander (LTC) or sometimes captain (COL). If that is the case his grade may be captain, but he is not the captain of the boat.
Full color, "hi-viz" schemes went out of naval service in the mid-eighties. When the USN
retired their last F-4s from carrier duty in 1984, they were starting to "go grey". Now, everything is low-viz on the deck, exception being the E-2 and C-2 aircraft. The most standout feature is the modex and numbers that allow the carrier's control to see what aircraft is where on the deck from above and below. Sometimes the CAG
bird and the CO
's mount will have full color markings applied for display and RHiP purposes.
I wish the hi-viz schemes of the cold war era would come back...