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Orbit International’s Power Group Receives Two Contract Awards Totaling Approximately $1,500,000
Orbit International’s Power Group Receives Two Contract Awards Totaling Approximately $1,500,000.
About this update from Orbit International Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Orbit International’s Power Group Receives Two Contract Awards Totaling Approximately $1,500,000\r\n \r\n \r\n\r\n\r\nOrbit International’s Power Group Receives Two Contract Awards Totaling Approximately $1,500,000\r\nAwards Add to Strong Current Booking Quarter for the Power Group\r\n\r\n\r\n\r\n\r\n\r\nHAUPPAUGE, N.Y., Sept. 26, 2025 (GLOBE NEWSWIRE) -- Orbit International Corp. (the “Company”) (OTCID Basic Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Power Group (”OPG”) received two contract awards totaling approximately $1,500,000. The awards consisted of a follow-on award for a COTS power supply used on a military program as well as an award for a VPX power supply. Deliveries for these orders are expected to commence in the second quarter of 2026 and continue through the fourth quarter of 2026. Mitchell Binder, President and CEO of Orbit International commented, “Our OPG continued its strong bookings in the current quarter with two orders totaling approximately $1,500,000. The two orders this month follow on the heels of more than $1,700,000 in August bookings. One of the orders is a follow-on order for a COTS power supply on a program for the U.S. Navy. The other order is for a VPX power supply.”   Binder added, “In addition to the strong bookings from our OPG, our Orbit Instrument division and our Simulator Product Solutions LLC subsidiary continue to bid on several new and follow-on opportunities. Our Orbit Instrument division is expecting a significant award, which it hopes to receive shortly on a legacy program for the U.S. Navy. Although the timing of the receipt of these awards remains beyond our control, we are encouraged by the breadth of opportunities and remain hopeful that our order flow will increase for the remainder of 2025.” Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including VPX, COTS (Commercial-off-the-shelf) an...