Motorola Solutions completes $1.5 billion D-Fend counter-drone acquisition

Donald Trump's June financial disclosure shows 1,051 trades, with purchases exceeding $49M and sales of at least $28.5M. Notable buys include Berkshire Hathaway, Visa, Mastercard, and Cintas, while Meta Platforms and Motorola were sold. The largest transaction was a $5M-$25M sale of VIG ETF. Trump's accounts made 21,000 trades in 2025, managed by his children. The June 18 trades followed a market selloff triggered by a Federal Reserve meeting.

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 (MSI) completed its $1.5B acquisition of D-Fend Solutions, a leader in counter-drone tech. D-Fend's RF cyber-takeover tech neutralizes rogue drones safely. The deal expands MSI's public safety ecosystem, integrating air-to-ground security. D-Fend's CEO will lead the new counter-drone platform.

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.