Orbit International's Power Group Receives New Order Valued in Excess of $1.7 Million
Orbit International Corp. (NASDAQ: ORBT) today announced that its Power Group, through its Behlman Electronics, Inc. subsidiary, has received a new order valued in excess of $1.7 million.
This order is for three separate COTS power supplies used in satellite communication systems. This is Behlman's fifth follow-on production order for these units. Deliveries are scheduled to commence in the fourth quarter of 2012 and continue through the fourth quarter of 2013. Additional orders for these power supplies are expected in 2012 and beyond.
Ron Storm, President of Behlman, added, “We continue to see a significant amount of activity in both new and follow-on programs in our COTS division. Behlman's commitment to providing our customers with a total solution approach for their power needs is an important reason behind our continued sales growth. We expect Behlman to continue to see strong sales in the coming months due to an increase in demand for our total power systems solutions.”
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