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iRobot Co-Founder Resigns As Chairman of The Board As Company Reports Strong 3rd Quarter

iRobot [IRBT] co-founder and chairman of the board Helen Greiner resigns effective today, though she will continue to serve on the company board of directors as a non-employee director, while pursuing other interests and opportunities within the robot industry, the company said. The board elected Colin Angle to serve as chairman of the board in addition to his current role as chief executive officer of iRobot. The announcement came Oct. 22 as the company reported strong third quarter 2008 results…

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Congress Updates

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

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Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

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