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iRobot (IRBT +2.9%) makes new 52-week highs after announcing it has won $7.2M in contracts from...

iRobot (IRBT +2.9%) makes new 52-week highs after announcing it has won $7.2M in contracts from the Brazilian government to supply its 510 PackBot robots, which are used in defense/security applications. Yesterday, CEO Colin Angle made upbeat remarks at a JPMorgan conference, forecasting continued vacuum sales strength in Europe in spite of macro weakness, and expressing optimism about China eventually becoming a major growth driver the way Japan has become one.
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