Orbit International Reports Second Quarter Consolidated Bookings in Excess of $8,500,000
ORBIT INTL CORP (ORBT)
US:NASDAQ Investor Relations:
orbitintl.com/intl/investors
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., July 02, 2019 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for both its Electronics Group (“OEG”) and Power Group (“OPG”) exceeded $8,500,000 for the second quarter of 2019. Bookings for the second quarter were highlighted by our previously announced order received by our OPG in April 2019 for approximately $4,100,000 for production of Common Aircraft Armament Test Sets (CAATS). This order was followed by another contract for CAATS for approximately $400,000 that was received in June 2019. Other awards received by the OPG during the quarter were for power supplies utilizing its VPX technology, commercial power supplies, including another $220,000 order for a power supply used in oil and gas exploration and a $223,000 order for a COTS power supply used in a nuclear power plant control system. Bookings for our OEG during the quarter inclu
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