Shield to acquire Echodyne for $5.3 billion and raise $2.5 billion
FROM THE WIRE · FINANCE.YAHOO.COM
Acquisition to expand Shield's Mission Systems business into the fast-growing radar and counter-drone sectors KIRKLAND, Wash., Nov. 5, 2026 /PRNewswire/ -- Shield today announced it has entered into a definitive agreement to acquire Echodyne Corp., an industry-leading radar…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralSizable M&A and fundraising in radar and counter-drone, though the companies are not listed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Shield will acquire Echodyne, a radar company, for a transaction value of $5.3 billion.
- 02The raise includes $1 billion in Series H at a $28.8 billion post-money valuation.
- 03Blackstone provides a $1 billion structured equity investment and $500 million of debt is led by JPMorgan.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets