Evercore ISI on Motorola Solutions Inc. (MSI): 'The D-Fend key acquisition reinforces MSI’s capabilities'

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Motorola Solutions to Acquire D-Fend Solutions, an Industry Leader in Counter-Drone Systems

June 1, 2026 6:50 AM EDT

D-Fend pioneers the foundational layer in the next frontier of airspace security, leveraging advanced non-kinetic RF cyber-takeover technology

CHICAGO--(BUSINESS WIRE)-- Motorola Solutions (NYSE: MSI) today announced it has entered into a definitive agreement to acquire D-Fend Solutions (D-Fend), an industry leader in counter-drone technology, for a purchase price of $1.5 billion. D-Fends field proven technology is trusted by government, public safety and enterprise organizations, with thousands of deployments across more than 30 countries, with annual revenue growth of over 50% over the last three years and expected full year... More