iRobot Corp. (IRBT) announced that it has been awarded a $200 million ceiling priced Indefinite-Delivery/Indefinite-Quantity contract from the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation, on behalf of the Robotic Systems Joint Project Office in Warren.
Under the terms of the contract, the Army could order up to the full $200 million value in military robots, spare parts, training and repair services over the next five years.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.