Motorola Solutions Sees Defense Demand 'Room to Run' as Silvus Revenue Hits $850M
MSI sits 28% above its 52-week low of $359.36 on light trading volume (0.2× avg).
Summary
COO Jack Molloy told the Truist Technology Symposium that defense demand has 'a lot of room to run,' driven by border security, defense modernization, and unmanned systems spending across the U.S., NATO, and Indo-Pacific. The company expects recently acquired Silvus Technologies to generate about $850 million in fiscal 2026 revenue, with production expanded in Los Angeles and Culver City and a new Salt Lake City facility coming online in Q1 2027. The counter-drone specialist D-Fend acquisition has also closed, adding to the defense portfolio. Public safety remains strong: record Q2 orders, double-digit first-half order growth, and segment growth forecasts of 10-11% for mission-critical networks, 11% for video security, and 15% for command center software. A $139 million, 10-year Louisiana contract covering all 64 parishes was also announced. This follows the $2B buyback increase reported on September 9 and the strong Q2 earnings beat on August 5. The commentary adds specific revenue and growth targets that support the defense expansion thesis.
At the time of this announcement, MSI was trading at $460.62 on NYSE in the Technology sector, with a market capitalization of approximately $76.2B. The 52-week trading range was $359.36 to $494.85. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.