Orbit International – Power Group has received new orders valued in excess of $980,000

Orbit International Corp. (NASDAQ:ORBT) today announced that its Power Group, through its Behlman Electronics, Inc. subsidiary (“Behlman”), has received new orders valued in excess of $980,000.

The first order, valued at approximately $612,000, is for a COTS power supply used in a satellite communication system. This is Behlman’s fifth production order for these units and it expects additional orders for these power supplies in 2012 and beyond. Deliveries are scheduled to commence in the second quarter of 2012 and continue through the fourth quarter of the year.

The second award, valued at approximately $197,000, is for a COTS power supply used in a United States Naval Electro Optical Sensing System and is a follow-on to the $470,000 order Behlman received for this power supply in September 2011. This order is scheduled for delivery in the third quarter of 2012. As previously announced, option quantities have been quoted through 2015, which if awarded, could bring the total amount of orders for these units to over $1.5 million.

The final order, valued at approximately $175,000, is for several VITA62 VPX power supply cards to be used in an open architecture computer system. Deliveries are scheduled to begin in the first quarter of 2012 and continue through the second quarter of 2012. This order represents Behlman’s continued expansion into the COTS power supply market with products that Behlman projects will have wide range use in both military and industrial applications.

About Orbit: Orbit International, Corp., is the parent company of both the Orbit Electronics Group and the Orbit Power Group. Orbit companies have been relied upon to design and manufacture subsystems and major components for prime contractors, government procurement agencies (both foreign and domestic), and R&D laboratories worldwide since 1957.

Orbit Instrument designs and manufactures customized electronic subsystems and major components for military aircraft, shipboard, handheld and ground-based programs, as well as well as designing hardware to support severe non-military applications.

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Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.