iRobot wins $200 mln ceiling Indefinite-Delivery/Indefinite-Quantity contract for Robotic Systems, Spare Parts and Accessories - Quick Facts

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.

by RTTNews Staff Writer

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