BAE Systems said it had sold off its Commercial Armoured Vehicles business for 10 million dollars.
The defence giant has sold the Ohio-based firm for cash to homeland security and counter-terrorism company, the O'Gara Group.
The business, which recorded sales of $58m in 2011, manufactures and integrates armour systems, including transparent armour, for military applications and commercial armoured vehicles.
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The sale is expected to complete in the fourth quarter of 2012.
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