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iRobot to Update, Produce New MK1 Robotic Systems for US Navy

iRobot Corp. (Nasdaq: IRBT) has received two contracts worth up to $96 million combined to update and manufacture new Man Transportable Robotic System MK1 robots for the U.S. Navy. The company is scheduled to complete work on the two contracts through September 2016, iRobot said Monday. One potential $46.7 million contract covers spares, …

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iRobot to Upgrade U.S. Navy’s Robotic Systems; Frank Wilson Comments

iRobot Corp. (NASDAQ: IRBT) has won a three-year,  $13 million contract to upgrade the U.S. Navy‘s man transportable robotic systems. The company will also build MTRS spare parts for the Naval Surface Warfare Center’s Indian head explosive ordnance disposal technology division under the indefinite-delivery/indefinite-quantity contract,  iRobot said Monday. iRobot is scheduled to complete all tasks …

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