BREAKING: Bloomberg says SUGV is a GO!

A Bloomberg report says that an internal Army document says the service will back initial deployment of iRobot's Small Unmanned Ground Vehicle (SUGV) in the initial rollout of the Future Combat Systems plan as the service is under tremendous pressure to show results from the costly endeavor.
The key clip:

The infantry brigades will receive radios built by Boeing, unmanned ground sensors and missile launch systems built by Textron Inc. and Raytheon Co., a hovering drone from Honeywell Inc. and a small robotic ground drone build by IRobot Corp., according to the Army paper.
Army Chief of Staff General George Casey explained the program today to Gates. The Army plans to formally unveil the reorganization in a press conference tomorrow.

No wonder the stock started spiking yesterday, and it is a bit suspicious that the Stanford Group came out with a buy just before this news hit.
SUGV, as readers of this blog know, is THE key driver of exponential revenue growth for this company, with potentially sales of thousands and thousands of robots.

The link to Bloomberg is here. (Thx, pipeline!)

Tags: iRobot, robot, SUGV