MSI Boosts Norway's Emergency Communication Network: Stock to Gain?
Motorola Solutions(MSI) ZACKS·2024-12-21 02:20
Motorola Solutions, Inc. (MSI) recently announced that it has received a five-year contract from the Norwegian Directorate for Civil Protection (DSB). The long-term contract, valued at 1.78 billion NOK, or about $160 million, will remain in effect from 2027 to 2031 and has an option of a two-year extension.Nødnett is Norway’s extensive communication network, spanning across the country. Around 60,000 first responders rely on the network every day. The network acts as a lifeline for the country, covering 100 ...