Shield agrees $5.3bn acquisition of radar maker Echodyne
Source: Army Technology
Loading...Strong SignalCredibility: 49%
Report Content
Classification
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Size
N/A
Activity
Shield has agreed to acquire Echodyne for $5.3bn to expand its mission systems business into counter-drone sensing and related security applications.
Location
Unit
Shield
Time
N/A
Equipment
radar systems
Summary
Shield has agreed to acquire radar manufacturer Echodyne for $5.3 billion, enhancing its capabilities in counter-drone sensing and security applications. This acquisition reflects a strategic move to bolster Shield's mission systems business in the defense sector.
Key Facts
- Shield has agreed to acquire Echodyne for $5.3bn.
- The acquisition aims to expand Shield's mission systems business.
- Echodyne specializes in radar technology for counter-drone applications.