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Stock impact report

Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000

ORBIT INTL CORP (ORBT) 
US:NASDAQ Investor Relations: orbitintl.com/intl/investors
Company Research Source: GlobeNewswire
HAUPPAUGE, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) reported bookings for the month of February 2024 in excess of $2,000,000. Deliveries for the February 2024 orders have already commenced and are expected to continue through the first quarter of 2026. In addition, the Company’s Power Group (“OPG”) reported that it received an order in March 2024 totaling more than $1.0 million for power supplies used in a significant multi-year military program. Furthermore, the OEG reported that in March 2024 it also received an order for approximately $1,668,000 for a product used in a military aircraft program. Approximately $143,000 of this order, covering the order of long lead items, was previously recorded in a prior period. Deliveries for these awards will commence in the fourth quarter of 2024 and continue through the third Show less Read more
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