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Stock Market & Financial Investment News

News Breaks
November 13, 2012
08:47 EDTORBTOrbit International reports backlog at September 30 $17.1M
Backlog at September 30 was $17.1M as compared to $15.8M at September 30, 2011, an increase of 8.2%.
News For ORBT From The Last 14 Days
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October 2, 2014
08:48 EDTORBTOrbit International reports September new orders totaling over $2.5M
Orbit International announced that its Power and Electronics Groups have received both new and follow-on orders totaling over $2.5M. Total new orders received in September by the Power Group approximated $1.32M. One of the orders, valued at $770,000, is a follow-on order for a COTS power supply that is part of an ongoing missile system upgrade program for which Behlman received its initial order in July 2009. This follow-on order brings the total value of related orders to over $4.2M. Deliveries are scheduled to commence in 1Q15 and continue through 2Q15. A second order, valued at approximately $199,000, is for a COTS power supply that is used to power the optics on a fire control system for United States Navy ships. Behlman has been supplying these power units for a number of years and anticipates additional awards for these units through 2016. Deliveries are expected to commence in 2Q15 and continue through 3Q15.

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