This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IRobot Appoints Former BAE Systems Vice President, Frank Wilson To Lead Defense & Security Business Unit. (Photo: Business Wire)

iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that Frank Wilson has joined the company as senior vice president and general manager of its Defense & Security business unit. Wilson will focus on strategic business development and product development to ensure iRobot is meeting today’s military, civil defense and security needs. Tim Trainer, the previous acting interim general manager, will continue on as vice president of programs.
iRobot appoints former BAE Systems Vice President, Frank Wilson to lead Defense & Security business  ...

iRobot appoints former BAE Systems Vice President, Frank Wilson to lead Defense & Security business unit. (Photo: Business Wire)

With 25 years experience in the Aerospace and Defense industry, Frank Wilson most recently served as sector vice president of business development and mission applications for Electronic Systems at BAE Systems where he directly contributed to new business growth valued at over $10 billion. With revenues of $4.2 billion in 2011, BAE Electronic Systems consists of six business units and is the world leader in electronic warfare, identification friend or foe (IFF) products and wide area surveillance solutions. He previously held positions in engineering and product development, providing him with a strong knowledge base relating to the electrical and mechanical subsystems found in iRobot’s life-saving robotic technologies.

“As was said on the second-quarter earnings call, U.S. government funding and program delays continue to negatively impact our expectations for the Defense & Security business unit,” said Jeff Beck, chief operating officer of iRobot. “Frank has a wealth of experience leading a business, driving business development and transforming organizations in both favorable and declining defense budget environments. We look forward to his contributions and leadership as iRobot develops new technologies to address the growing role robots have in special operations and infantry missions.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs