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Shield to acquire radar maker Echodyne in $5.3 billion deal

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Shield has announced a $5.3 billion agreement to acquire radar manufacturer Echodyne, a major step into the rapidly growing counter-drone market.

Deal terms and scope

Shield has announced an agreement to buy Echodyne, a radar manufacturer, for $5.3 billion. The deal is a major move for the company into the counter-drone market.

Impact on Mission Systems

The acquisition is set to expand Shield's Mission Systems business. It will bring advanced radar technology into a portfolio of autonomous defense systems that the company is building out.

Open questions

  • Has the $5.3 billion deal been completed, or is it still pending?

Key facts

  • Shield has agreed to acquire radar manufacturer Echodyne for $5.3 billion.

Sources & evidence