Orbit International's Power Group Receives Several New Orders Valued in Excess of $980,000

Orbit International Corp. 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.
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