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Orbit International Reports Consolidated Bookings of Approximately $2,400,000 for Month of August
Globenewswire·2025-09-05 12:45

Group 1 - The company reported consolidated bookings of approximately $2,400,000 for August 2025, primarily driven by its Orbit Power Group (OPG) which accounted for over $1,700,000 in bookings [1][2] - A significant portion of the bookings included a follow-on order of approximately $1,000,000 for a commercial power supply used in a military application, along with an additional order of approximately $450,000 for a similar application [2] - Deliveries for the orders received during August have commenced and are expected to continue through the fourth quarter of 2026 [1] Group 2 - The company’s Simulator Products Solutions LLC (SPS) subsidiary also experienced a strong booking month and is actively bidding on several opportunities that may convert into orders in the near future [2] - The Orbit Instrument division anticipates a significant award during the current quarter related to a legacy program for the U.S. Navy, although the timing of these awards is uncertain [2] - The company remains optimistic about the breadth of opportunities and hopes for an increase in order flow for the remainder of 2025 [2] Group 3 - Orbit International Corp. is involved in the development and manufacture of custom electronic devices and subsystem solutions for military, industrial, and commercial applications [2] - The company operates production facilities in Hauppauge, NY, and Carson, CA, and its Power Group designs and manufactures a variety of power products including VPX and commercial power supplies [2]