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Shield signs $5.3 billion agreement to acquire radar maker Echodyne
Shield said it entered a definitive agreement to buy Echodyne for a transaction valued at $5.3 billion. It expects to pay or issue $4.8 billion at closing, with up to $500 million contingent on performance. Closing is expected in early 2027 after approvals and conditions; the deal has not closed. Shield plans to combine Echodyne radar with its Hivemind autonomy and drone systems.
Primary source · Shield · November 5, 2026
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