Orbit International Secures Major Contract Worth Over $1.9 Million
Orbit International's Recent Contract Win
Orbit International Corp., an innovative electronics manufacturer and software solution provider, recently made waves in the defense sector. Their Electronics Group, also known as OEG, has received a substantial contract exceeding $1,925,000 from a prominent defense contractor. This deal revolves around developing a product for a military program serving the U.S. Navy. The deliveries for this venture are set to commence soon and will extend into the following quarters.
CEO's Insights on the Significant Contract
Commenting on this important milestone, Mitchell Binder, President and CEO of Orbit International, expressed his enthusiasm regarding this contract. He noted, "We are thrilled to announce this follow-on contract for our Orbit Instrument Division. The significant value of over $1,925,000 reflects our customer’s trust in our capabilities and the sustained demand for our innovative solutions. Our customer has indicated that they foresee continuity in this program, which bodes well for our future as this contract was initially anticipated earlier but faced delays at the government level."
Future Growth and Business Outlook
In building upon this significant contract, Binder mentioned that along with the strong performance of OEG, the Orbit Power Group (OPG) is seeing impressive results following a successful 2024. OPG has experienced record bookings for its power supplies, leveraging the cutting-edge VPX technology. As they move into the next year, the company is optimistic about maintaining and expanding its market presence with new designs and further follow-on business for the VPX power supplies.
About Orbit International's Manufacturing Capabilities
Orbit International Corp. is actively engaged in creating a wide range of custom electronic devices and subsystems tailored for military, industrial, and commercial uses. With production facilities located in Hauppauge, NY, and Carson, CA, the Electronics Group's capabilities allow Orbit to deliver state-of-the-art solutions. Their Power Group focuses on designing and manufacturing various power products, from AC power supplies to frequency converters and VPX power supplies, establishing a strong foothold in the electronics market.
Commitment to Quality and Innovation
Orbit International does not just focus on defense contracts but is dedicated to delivering high-quality and innovative electronic solutions to a plethora of sectors. The company's commitment to research and development plays a crucial role in ensuring that they remain competitive in the fast-evolving electronics arena. By consistently introducing new technologies and products, Orbit aims to meet the growing demands of its diverse clientele.
Frequently Asked Questions
What recent contract did Orbit International secure?
Orbit International secured a contract in excess of $1,925,000 from a major defense contractor for a military program involving the U.S. Navy.
Who is the CEO of Orbit International?
Mitchell Binder is the President and CEO of Orbit International Corp.
What technologies does Orbit's Power Group specialize in?
Orbit’s Power Group specializes in creating power supplies using advanced VPX technology, among other products like AC power supplies and frequency converters.
Where are Orbit International's production facilities located?
Orbit International has production facilities in Hauppauge, New York, and Carson, California.
How does Orbit International ensure product quality?
Orbit International focuses heavily on research and development to ensure their products are innovative and meet the high standards required in various industries.
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