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Orbit International's Power Group Receives New Order Totaling in Excess of $1,870,000
Orbit International's Power Group Receives New Order Totaling in Excess of $1,870,000.
About this update from Orbit International Corp.
[{"type":"text","content":"\n \n \n Orbit International's Power Group Receives New Order Totaling in Excess of $1,870,000\n \n \nOrbit International's Power Group Receives New Order Totaling in Excess of $1,870,000\n \n HAUPPAUGE, NY--(Marketwired - Nov 18, 2015) - Orbit International Corp. (OTC PINK: ORBT), an electronics manufacturer and software solutions provider, today announced that its Power Group, through its Behlman Electronics, Inc. subsidiary (\"Behlman\"), has received a new order for a power supply valued in excess of $1,870,000 for its COTS division. \n The order is for production of a COTS power supply that is part of an armament test system program for which Behlman received its initial qualification order in April 2013. Deliveries are scheduled to commence in the third quarter of 2016 and continue through the first quarter of 2017. Furthermore, this is an initial production order and based on information from its customer, Behlman anticipates additional orders for follow-on production.\n Ron Storm, President of Behlman, commented, \"This order represents a new production award from a large prime contractor for the use of our COTS power supply on an armament test system. Despite challenging economic conditions, Behlman's business from its COTS division remains strong with activity for both new and repeat orders for its products. This production award is the culmination of the great effort put forth by our engineering, design and manufacturing team here at Behlman.\"\n Mitchell Binder, President and CEO of Orbit International, commented, \"This award represents the largest order received by our Power Group in 2015 with follow-on orders expected over the next few years. Furthermore, our Electronics Group recently received two separate prototype awards; one for a new switch panel for the U.S. Navy and the other for a display on a significant aviation program. We expect an initial production award for the switch panel in the first quarter of 2016 with expected follow-on awards in future periods.\" \n Orbit International Corp., through its Electronics Group, is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facility in Hauppauge, New York. Orbit's Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power p...