Orbit International Secures Major $1.925M Defense Contract

Author: Logan Wright Updated: 02-20-2025 08:53 AM

Orbit International Announces Major Contract Award

Orbit International Corp. is making waves in the electronics manufacturing sector with a recent announcement regarding a lucrative contract award. The company reported that its Electronics Group secured a follow-on contract exceeding $1,925,000 from a prominent defense contractor. This valuable order relates to a product utilized in a military program specifically for the U.S. Navy. Deliveries tied to this contract are scheduled to commence in the first quarter of 2026 and will continue through the third quarter of the same year.

Leadership Insights on Contract Significance

Mitchell Binder, President and CEO of Orbit International, expressed enthusiasm regarding this significant contract award for the Orbit Instrument Division. He noted the amount exceeding $1,925,000 is a testament to the enduring partnership and trust established with the customer. Furthermore, he highlighted that the customer believes the program connected to this contract will flourish for many years into the future. Although initially expected in the third quarter of 2024, the award faced delays due to processes at the U.S. Government level, which often adds an unpredictable element to timelines for military awards.

Positive Outlook for Future Business

Beyond this substantial contract, Binder provided additional insights into the Orbit Power Group (OPG), which concluded a successful booking year in 2024. The remarkable demand for power supplies leveraging VPX technology contributed significantly to their strong performance. Moving into 2025, Orbit International is optimistic about maintaining its momentum, expecting to attract follow-on business related to their VPX power supplies while also innovating new designs to broaden their presence in the competitive market.

Company's Commitment to Innovation

The activities of Orbit International Corporation, through its Electronics Group, focus on custom manufacturing and engineering solutions, catering to military, industrial, and commercial applications. With production facilities in Hauppauge, NY, and Carson, CA, the company is equipped to meet diverse demands. Their Power Group, also based in Hauppauge, specializes in an extensive range of power products, including AC power supplies, frequency converters, inverters, and various COTS power sources.

Frequently Asked Questions

What is the value of the contract awarded to Orbit International?

The awarded contract has a value of over $1,925,000.

Which military program is the contract associated with?

The contract pertains to a military program for the U.S. Navy.

When are the deliveries for the awarded contract expected to begin?

Deliveries for the contract are anticipated to start in the first quarter of 2026.

What technology has contributed to the Power Group's success?

The success has mainly come from record bookings for power supplies utilizing VPX technology.

Who can be contacted for more information about this announcement?

For additional details, David Goldman, Chief Financial Officer, can be contacted at 631-435-8300.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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