MSI News & Events

Motorola Solutions announced it has entered into a definitive agreement to acquire D-Fend Solutions, a counter-drone technology company, for a purchase price of $1.5B. D-Fend's 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 2026 revenues of $185M. The transaction is expected to close in the fourth quarter of 2026, subject to required regulatory approvals and satisfaction of other customary closing conditions

Motorola Solutions announced a $100M plan to scale and diversify the manufacturing and supply chain operations of Silvus Technologies. The investment is anchored by a new, 165,000 square-foot manufacturing facility in Salt Lake City, Utah. This site will serve as a hub for high-volume production, leveraging Utah's strong technology ecosystem and highly skilled workforce. The expansion is anticipated to create 200 new roles. This capacity increase will enable Silvus to scale production of its mission-critical StreamCaster MANET radios, while continuing to innovate and uphold the rigorous quality standards that users in the defense, law enforcement and public safety industries depend on.

Ciscois scheduled to report results of its fiscal third quarter after the market closes on May 13 with a conference call scheduled for 4:30 pm ET. What to watch for:GUIDANCE:Along with its last report, Cisco guided for Q3 adjusted earnings per share of $1.02-$1.04 on revenue of $15.4B-$15.6B. At the time, analysts were expecting the company to report Q3 EPS of $1.03 on revenue of $15.21B, but those figures have since risen to $1.04 and $15.56B, respectively.BWG DOWNGRADE:Last month, BWG Global downgraded its view of Cisco to Mixed from Positive, citing checks.EVERCORE:Last week, Evercore ISI raised the firm's price target on Cisco to $110 from $100 and maintained an Outperform rating on the shares, calling the company's Silicon One, an "underappreciated lever for upside."JPMORGAN:In mid-April, JPMorgan raised the firm's price target on Cisco to $96 from $95 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the hardware and networking group as part of a Q1 preview. JPMorgan expects AI infrastructure investments across server, switches, copper interconnects and optical to drive upside to AI-levered suppliers in Q1.TRUIST INITIATION:In late March, Truist initiated coverage of Cisco with a Buy rating and $94 price target. Networking and Hardware represents the group most directly linked to elevated AI and cloud investment at a time when U.S. hyperscaler capex alone is forecasted to total about $700B in 2026, the analyst tells investors while rolling out coverage of the group. The firm, which favors a more selective approach to the stocks considering relatively higher valuations, names Arista Networks, Cisco, HPEand Motorola Solutionsamong its favorites in the group.ASTRIX:Last week, Peter Bailey, the SVP and GM of Cisco's Security business, announced Cisco's intent to acquire Astrix Security, a company engaged in Non-Human Identity Security. "The addition of Astrix Security brings deep capability to discover and secure every AI agent and non-human identity, including excessive privileges and real-time threats, enabling organizations to adopt AI securely and at scale," Bailey said in a statement, adding that "We plan to integrate Astrix Security's capabilities into Cisco Identity Intelligence, strengthening visibility and context across identities within the Cisco Security platform."