Security Sector Watch: Orbit Receives Display Terminal Contract
June 4, 2010 (FinancialWire) — Orbit International Corp. (NASDAQ: ORBT), a defense electronics manufacturer, said that its Electronics Group has received a contract valued in excess of $535,000 for its color mobile display terminal.
According to Orbit, the award was received from a transportation management company that currently operates in over 200 cities around the world. Deliveries under this contract are scheduled to commence in the third quarter of 2010 and continue through year-end.
The MDT display, designed and manufactured by the company’s TDL subsidiary in Quakertown, Pennsylvania, supports on-board systems information for operators of commercial mass transit systems.
New York-based Orbit International is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania.
The firm designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky.
Orbit’s Behlman Electronics subsidiary manufactures and sells commercial power units, AC power sources, frequency converters, uninterruptible power supplies and COTS power solutions.
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