Orbit International’s Power Group Receives Two Contract Awards Totaling Approximately $1,500,000
Orbit International Corp. (OTCID:ORBT) announced that its Power Group (OPG) has secured two contract awards with a combined value of approximately $1.5 million. The contracts include a follow-on award for a COTS power supply for a U.S. Navy military program and an award for a VPX power supply.
Deliveries for these orders are scheduled to begin in Q2 2026 and continue through Q4 2026. This follows August bookings exceeding $1.7 million. The company's Orbit Instrument division is anticipating a significant U.S. Navy legacy program award, while both the Orbit Instrument division and Simulator Product Solutions LLC subsidiary continue pursuing various new and follow-on opportunities.
Orbit International Corp. (OTCID:ORBT) ha comunicato che il suo Power Group (OPG) ha ottenuto due contratti per un valore complessivo di circa 1,5 milioni di dollari. I contratti prevedono un affidamento di follow-on per un alimentatore COTS destinato a un programma militare della Marina degli Stati Uniti e un ordine per un alimentatore VPX.
Le consegne di tali ordini inizieranno nel 2° trimestre 2026 e proseguiranno fino al 4° trimestre 2026. Ciò arriva dopo le prenotazioni di agosto che hanno superato 1,7 milioni di dollari. La divisione Orbit Instrument prevede l’assegnazione significativa di un programma legacy della Marina degli Stati Uniti, mentre sia la divisione Orbit Instrument sia la controllata Simulator Product Solutions LLC continuano a perseguire diverse nuove opportunità e ulteriori incarichi.
Orbit International Corp. (OTCID:ORBT) anunció que su Power Group (OPG) ha obtenido dos contratos por un valor total de aproximadamente 1,5 millones de dólares. Los contratos incluyen una adjudicación de seguimiento para una fuente de alimentación COTS para un programa militar de la Marina de los Estados Unidos y una adjudicación para una fuente de alimentación VPX.
Las entregas de estos pedidos comenzarán en el 2º trimestre de 2026 y se extenderán hasta el 4º trimestre de 2026. Esto se suma a las reservas de agosto que superaron 1,7 millones de dólares. La división Orbit Instrument anticipa una adjudicación significativa para un programa legado de la Marina de los Estados Unidos, mientras que tanto la división Orbit Instrument como la subsidiaria Simulator Product Solutions LLC continúan buscando diversas oportunidades nuevas y de seguimiento.
Orbit International Corp. (OTCID:ORBT)는 Power Group(OPG)가 총 150만 달러 규모의 두 건의 계약을 체결했다고 발표했습니다. 이 계약은 미국 해군의 군사 프로그램용 COTS 전원 공급장치에 대한 후속 수주와 VPX 전원 공급장치에 대한 수주를 포함합니다.
이들 주문의 납기는 2026년 2분기에 시작하여 2026년 4분기까지 이어질 예정입니다. 이는 8월 매출이 170만 달러를 초과했다는 소식에 이은 것입니다. Orbit Instrument 부서는 미 해군의 Legacy 프로그램에 대한 중요한 수주를 기대하고 있으며, Orbit Instrument 부문과 자회사 Simulator Product Solutions LLC는 다양한 신규 및 후속 기회를 계속 모색하고 있습니다.
Orbit International Corp. (OTCID:ORBT) a annoncé que son Power Group (OPG) a obtenu deux contrats d’une valeur totale d’environ 1,5 million de dollars. Les contrats comprennent une attribution de suivi pour une alimentation COTS destinée à un programme militaire de la Marine américaine et une commande pour une alimentation VPX.
Les livraisons de ces commandes débuteront au 2e trimestre 2026 et se poursuivront jusqu’au 4e trimestre 2026. Cela fait suite à des bookings d’août dépassant 1,7 million de dollars. La division Orbit Instrument prévoit une attribution importante pour un programme hérité de la Marine américaine, tandis que la division Orbit Instrument et la filiale Simulator Product Solutions LLC poursuivent diverses opportunités nouvelles et des opportunités de suivi.
Orbit International Corp. (OTCID:ORBT) gab bekannt, dass seine Power Group (OPG) zwei Verträge im Gesamtwert von ca. 1,5 Mio. USD gesichert hat. Die Verträge umfassen eine Folgevergabe für eine COTS-Stromversorgung für ein US-Marineprogramm sowie eine Order für eine VPX-Stromversorgung.
Die Lieferungen dieser Aufträge sollen im 2. Quartal 2026 beginnen und bis ins 4. Quartal 2026 fortgeführt werden. Dies folgt auf Buchungen im August, die 1,7 Mio. USD überschritten haben. Die Orbit Instrument Division rechnet mit einer bedeutenden Vergabe eines US-Marine Legacy-Programms, während sowohl die Orbit Instrument Division als auch die Tochtergesellschaft Simulator Product Solutions LLC weiterhin verschiedene neue und Folgechancen verfolgen.
شركة Orbit International Corp. (OTCID:ORBT) أعلنت أن مجموعة الطاقة التابعة لها (OPG) حصلت على عقدين بإجمالي قيمة يقارب مليون ونصف دولار. تشمل العقود منحة متابعة لمزود طاقة COTS لبرنامج عسكري تابع للبحرية الأمريكية ومنحة لمزود طاقة VPX.
من المقرر أن تبدأ عمليات التسليم لهذه الطلبات في الربع الثاني من 2026 وتستمر حتى الربع الرابع من 2026. يأتي ذلك عقب تجاوز حجوزات أغسطس 1.7 مليون دولار. تتوقع division Orbit Instrument الحصول على منحة مهمة لبرنامج الميراث الخاص بالبحرية الأمريكية، بينما تستمر كل من Division Orbit Instrument والشركة التابعة Simulator Product Solutions LLC في متابعة فرص جديدة وفرص متابعة مختلفة.
Orbit International Corp.（OTCID:ORBT）宣布，其电源集团（OPG）已获得两份合同，总价值约为150万美元。合同包括用于美国海军一项军事计划的现成电源供应装置的后续订单，以及一份用于VPX电源供应的订单。
这些订单的交付将从2026年第二季度开始，并持续到2026年第四季度。此举紧随8月的订购超过170万美元之上。Orbit Instrument 部门预计将获得一项重要的美国海军遗留计划合同，而 Orbit Instrument 部门与其子公司 Simulator Product Solutions LLC 也在继续寻求各种新机会以及后续机会。
- New contract awards totaling $1.5 million for power supply products
- Strong booking momentum with additional $1.7 million in August orders
- Potential significant U.S. Navy legacy program award expected shortly
- Multiple new business opportunities in pipeline across divisions
- Delivery timeline extends to late 2026, indicating long revenue recognition cycle
- Timing of expected new awards remains uncertain and beyond company control
Awards Add to Strong Current Booking Quarter for the Power Group
HAUPPAUGE, 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
Mitchell Binder, President and CEO of Orbit International commented, “Our OPG continued its strong bookings in the current quarter with two orders totaling approximately
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) and commercial power supplies.
Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including statements regarding our expectations of Orbit International Corp.’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit International Corp. believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International Corp.’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International Corp. and the statements contained in this news release can be found in Orbit International Corp.’s reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit International Corp. claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit International Corp. assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.
CONTACT
David Goldman
Chief Financial Officer
631-435-8300
FAQ
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