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CHICAGO - Bulgaria’s Ministry of the Interior has selected Motorola Solutions (NYSE:MSI), a prominent player in the Communications Equipment industry with a market capitalization of $72.8 billion, to deploy 13,400 body cameras to the country’s National Police Service, according to a press release issued Thursday. InvestingPro analysis shows the company maintains strong financial health with consistent profitability.
The nationwide deployment will equip officers with V500 body cameras that integrate with the police force’s existing MXP600 TETRA radios. The technology allows officers to stream live footage to control rooms when activating emergency buttons on their radios.
"These new body cameras are a pivotal element in our digitalization strategy to modernize policing and elevate how we safeguard and serve our communities," said Daniel Mitov, Minister of the Interior in Bulgaria.
The cameras will work alongside Motorola Solutions’ VideoManager evidence management software, enabling officers to upload, store and manage video footage within their existing workflows.
Axel Kukuk, vice president of Sales Europe at Motorola Solutions, stated that the body cameras "enable eyes-on-scene for greater clarity as events unfold, while helping to create a reliable and accurate record of critical events."
The Bulgarian deployment joins similar implementations across Europe, including the French National Police and Gendarmerie, Lithuanian Border Guard Service, and German federal state police forces.
The initiative aims to increase transparency in law enforcement operations, provide real-time intelligence to police control rooms, and enhance safety for both officers and the public, according to the company’s announcement.
In other recent news, Motorola Solutions has announced its intention to acquire Silvus Technologies for approximately $4.4 billion, potentially increasing to around $5 billion with earnouts. This strategic acquisition aims to enhance Motorola’s position in mission-critical communications by integrating Silvus’s MANET technology, which supports secure communications without fixed infrastructure. Evercore ISI and JPMorgan have both maintained their ratings for Motorola Solutions, with targets set at $500 and $515, respectively, highlighting the acquisition’s strategic value and its potential to expand Motorola’s market presence.
In another development, UBS initiated coverage on Motorola Solutions with a Buy rating and a $490 price target, citing expectations for growth acceleration into 2026. Additionally, Motorola Solutions introduced VESTA Hybrid, a new software-as-a-service solution designed to modernize 911 call handling across the United States. This offering integrates advanced features like real-time call transcription and cyber threat monitoring. Meanwhile, Fitch Ratings reaffirmed Motorola’s ’BBB’/’F2’ ratings, noting the company’s consistent revenue growth and free cash flow generation, despite a temporary increase in EBITDA leverage due to the Silvus acquisition.
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