Motorola Solutions: LMR Cycle and AI Drive $15.6 Billion Record Order Backlog
Reading Time: 3 minutes
Motorola Solutions benefits from a multi-year LMR upgrade cycle and increasing AI demand among first responders. With the acquisitions of Silvus for secure communication networks and D-Fend Solutions for drone defense, Motorola Solutions is capturing new multi-billion markets. The second quarter delivered a revenue increase of 13% driven by broad demand and a record order backlog of $15.6 billion. Motorola Solutions CEO Gregory Brown refers to an "exceptional quarter with record revenues and profits.” AI has now become not just...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
