Herndon-based Sotera sells its engineered solutions division
Herndon-based Sotera Defense Solutions, a provider of technology-based systems, solutions and services for U.S. government programs, has sold its engineered solutions division to Kentucky-based Outdoor Venture Corp.
Terms of the transaction were not disclosed.
“This transaction allows Sotera to become a leading pure-play national security technology solutions provider focused on accelerating its growth in our customer's critical national security, intelligence and law enforcement missions,” Deb Alderson, Sotera’s chairman and CEO, said in a statement.
Sotera said its engineered solutions division, based in Easton, Md., represented a small portion of its overall business. The division offers services and components for expeditionary systems such as field kitchens and sanitary equipment for the U.S. military.
Founded in 1972, Outdoor Venture manufactures and supplies a wide range of products including tents, sleeping bags and hunting products.
In 2012, company expanded its shelter market into the rigid-wall shelter area through an acquisition of the assets of a company that manufactured steel-insulated panels.