Motorola Solutions (MSI)

Public-safety comms + networks (Motorola Solutions) — land-mobile radio + command-center software

AI exposure 6% — derived from reported segment revenue, not asserted.

Where it sits

Connectivity → Wireless & Mobile Networks · figures rebased to Q2 2026, reported 2026-08-05

Land mobile radio (P25/TETRA) + network infra — public-safety comms is 73% of revenue, so Wireless & Mobile Networks is effectively the whole company rather than one leg of it. The rest is tagged separately: Defense & Government AI at 26%.

Also tagged: secondary in Frontier & Emerging Bets → Defense & Government AI.

Reported segments

• Products and Systems Integration — 60.9% of revenue
• Software and Services — 39.1% of revenue

Motorola Solutions ($3,133M Q2 2026, +13% YoY, with a record $15.6B backlog). From the 10-Q segment note: Products and Systems Integration $1,908M = 60.9% (+15%) = primary B3 Wireless & Mobile Networks — P25 land mobile radio plus video security hardware; Software and Services $1,225M = 39.1% (+10%) — command centre software and managed services. Previously modelled as three product lines; Motorola reports two segments, so this follows the filing. Splits inside each segment are Atlas estimates at the prior ratio.

How the 6% is built

• Products and Systems Integration — 60.9% of revenue × 3% AI-driven (disclosed). Mission-critical radio and video hardware for public safety — AI enters as analytics on the video, not as infrastructure
• Software and Services — 39.1% of revenue × 10% AI-driven (disclosed). Command centre software applies AI to dispatch and records; the services half follows the radio installed base

Investment read

Moat. Land-mobile-radio near-monopoly across US public safety, with mission-critical switching costs measured in decades — the D-series P25 core is the first infrastructure upgrade in twelve years and 40+ US statewide networks still require it. Command-center and video software sit on the same installed base. Silvus (MANET defense comms, FY2026 guide raised to ~$850M) and the pending D-Fend counter-drone deal extend the same lock-in into defense.

Bottleneck / pricing power. Strong pricing power — public-safety lock-in, multi-year government contracts, a record $15.6B backlog and 32.9% non-GAAP operating margin (+330bps). The live constraint is input cost, not demand: direct memory spend is guided to ~$150M in 2026 from $50M in 2025, and fixed-price multi-year government contracts limit pass-through.

Role in the AI stack. The mission-critical public-safety comms layer, now extending into defense/counter-UAS — AI-peripheral on demand, AI-exposed on cost.

Connected companies

• Axon Enterprise (AXON) — MSI competes with: public safety — Motorola Solutions vs Axon (body cameras, evidence mgmt, public-safety tech)
• Flex (FLEX) — MSI is supplied by: Contract manufacturing of radio hardware and device assemblies for Motorola Solutions — already asserted in MSI's beyond.suppliers, but FLEX is an in-atlas ticker, so the relationship belongs on the…
• Jabil (JBL) — MSI is supplied by: PCB assembly / electronics manufacturing services for MSI — already asserted in MSI's beyond.suppliers, but JBL is an in-atlas ticker, so the relationship belongs on the graph as an edge.

Others in Wireless & Mobile Networks

• Nokia (NOK)

All 174 companies · What moved this quarter · How the map is built