GTEC takes new name, branding from Greek mythology
Company becomes Sotera Defense Solutions
- By David Hubler
- Apr 05, 2011
Global Defense Technology & Systems Inc. has a new corporate name and brand, Sotera Defense Solutions Inc.
GTEC’s name and brand change follows the completion of its acquisition by an affiliate of Ares Management LLC for approximately $315 million, including the assumption of debt and transaction expenses, according to a company statement.
The company, a provider of mission-critical, technology-based systems, solutions and services for national security agencies and government programs, said Sotera is a term from Greek mythology and represents the spirit of safety, preservation and deliverance from harm.
“With the backing of our new sponsor, Ares Management, we are in a great position to execute our long-term growth strategy to become the trusted midsized, mission-focused prime contractor for the national security community,” said Sotera President and CEO John Hillen in the statement.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.