Motorola Solutions

Motorola Solutions (NYSE: MSI) is a global provider of mission-critical communications systems, command center software, and video security and analytics solutions. The company was formed in January 2011 following the spinoff of Motorola Mobility. Motorola Solutions primarily serves public safety agencies, government customers, and commercial enterprises with products like two-way radios, wireless broadband networks, video surveillance systems, and command center software.

Motorola Solutions offers a range of products and services across two main segments:

• Products and Systems Integration: Includes land mobile radio communications devices, video security cameras and analytics software, access control systems, and command center software.

• Software and Services: Provides recurring revenue through software upgrades, technical support, maintenance, and managed services for the company's mission-critical communications networks and software.

Motorola Solutions reported strong Q1 2024 financial results with sales of USD 2.4 billion, up 10% year-over-year. The company raised its full-year 2024 outlook and now expects revenue growth of approximately 7%. Motorola Solutions also completed the acquisition of Barrett Communications, expanding its portfolio of specialized radio communications capabilities. Additionally, the company is facing ongoing legal proceedings related to its Airwave network contract in the UK, which could impact future revenues from that market.