ORBIT INTERNATIONAL CORP. REPORTS FIRST QUARTER BOOKINGS IN EXCESS OF $6,900,000
ORBIT INTL CORP (ORBT)
US:NASDAQ Investor Relations:
orbitintl.com/intl/investors
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., April 07, 2020 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2020 exceeded $6,900,000. In addition, the Company also reported that bookings for its Power Group (“OPG”) exceeded $1,200,000 for the month of March 2020. First quarter bookings were highlighted by a previously announced order by our Orbit Electronics Group (“OEG”) of approximately $2,300,000 for keyboards used on a major military aviation program. Other orders received during the quarter for the OEG consisted primarily of displays and control panels. In addition, our OPG reported bookings for the month of March 2020 in excess of $1,200,000, which consisted of a more than $400,000 order for VPX power supplies and a more than $300,000 follow-on order for a power supply used on a major military program. Deliveries for certain of these contracts have a
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