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Shield Agrees to Buy Radar Maker Echodyne for $5.3 Billion
Shield agrees to buy radar maker Echodyne for $5.3 billion, expanding into radar and counter-drone markets.
Key points
- Shield will pay $4.8 billion at closing for Echodyne, with up to $500 million more tied to performance targets.
- Shield's $2.5 billion financing includes a $1 billion Series H round at a $28.8 billion post-money valuation.
- Echodyne's MESA radar products will remain available as standalone offerings after the deal is completed.
Why it matters. The acquisition expands Shield's presence in the rapidly growing radar and counter-drone markets, and Echodyne will continue operating its radar business and supplying existing customers.
Shield, a defense technology company, has agreed to buy radar maker Echodyne in a transaction valued at $5.3 billion, expanding its Mission Systems business into radar and counter-drone markets. The deal includes $4.8 billion payable or issuable at closing and up to $500 million in contingent payments tied to agreed performance targets.
Latest updates
Shield Agrees to Buy Radar Maker Echodyne for $5.3 Billion
Shield, a defense technology company that develops autonomous systems and mission-critical software, has signed a definitive agreement to acquire radar manufacturer Echodyne. The transaction is valued at $5.3 billion. Shield also announced plans to raise $2.5 billion through a mix of equity and debt financing. The fundraising includes a $1 billion Series H round at a $28.8 billion post-money valuation. The announcement was reported by Pulse 2.0 on November 6, 2026. The snippet available does not detail the expected closing timeline or regulatory approvals required for the deal.