Motorola Solutions Completes Acquisition of D-Fend Solutions

Motorola Solutions (MSI) completed its acquisition of D-Fend Solutions, adding counter drone technology to its security portfolio. The deal expands MSI's offerings for public safety and enterprise customers, integrating with existing platforms to address drone-related security needs. MSI has a market cap of approximately $79.6 billion and focuses on communications and security technology.

Motorola Solutions reported Q2 2026 revenue of $3.1 billion, up 13% year over year, and non-GAAP EPS of $4.41, up 24%. Backlog rose to $15.6 billion. The company raised full-year 2026 guidance to $12.975 billion revenue and $17.62 to $17.72 non-GAAP EPS, citing public safety demand and Silvus performance, and plans to acquire D-Fend Solutions for $1.5 billion.

Motorola Solutions executives discussed AI embedding across public safety apps, saying 100% of Q2 VESTA emergency call handling sales were at the Assist tier and AI contributed to higher average selling prices. They cited SPX ecosystem progress, with 150 customers and video business up 12%, plus counter-drone plans via D-Fend and a $1.5B DHS contract. They expect double-digit software growth and strong 2026-27 public safety software budgets.

Motorola Solutions reported Q2 operating cash flow of $469 million and free cash flow of $414 million. Products and Systems Integration revenue rose 15% and Software and Services revenue rose 10%. Ending backlog hit a record $15.6 billion. The company raised full-year revenue to about $12.975 billion and non-GAAP EPS to $17.62-$17.72, citing Silvus and public-safety demand.

Motorola Solutions (NYSE: MSI) reported record Q2 sales, orders and backlog, with revenue up 13% year over year, driven by land mobile radio, video and command center software demand, according to the company’s Aug. 5 earnings call. It cited major P25 infrastructure and software wins, raised full-year revenue and earnings guidance, and ended with $15.6B backlog.

Motorola Solutions reported Q2 earnings of $4.41 per share, above the $3.85 analyst consensus, and sales of $3.133 billion versus $3.001 billion expected, according to the company and consensus estimates. Shares rose 9.5% to $479.63 on Thursday. U.S. stocks were mixed, with the Dow down about 50 points.