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Business/Financial

Sotera Sheds Non-Core Division

By Cal Biesecker

Wednesday, October 29th, 2014

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Sotera Sheds Non-Core Division

Modular general-purpose tent provided by Outdoor Venture Corporation. Photo: Outdoor Venture

Sotera Defense Solutions on Wednesday said it has sold a small business division that makes field kitchens and sanitary equipment for the U.S. military to Outdoor Venture Corp., allowing it to focus on providing technology solutions to its national security customers. Terms of the deal were not disclosed. Sotera said its Maryland-based Engineered Solutions division is a small portion of its overall business. “This transaction allows Sotera to become a leading pure play national security technology solutions provider focused on…

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