Orbit International’s Power Group Announces Two New Orders with a Combined Value of $474,000
6 January 2011
Orbit International Corp. announced that its Power Group, through its Behlman Electronics, Inc. subsidiary (“Behlman”) has received two new orders with a combined value of $474,000 from the same customer. Additionally, the Company reported that its Power Group achieved approximately $10.46 million in bookings for 2010, or an 8.9% increase from 2009.
Behlman received a $269,000 follow-on order for a commercial off-the-shelf (“COTS”) power supply used in a shipboard-based satellite communications system. This is Behlman’s third production order for this unit and additional orders are anticipated in 2011 and beyond for this on-going program. Deliveries are scheduled for the second and third quarters of 2011.
The second order, valued at $205,000, is for a COTS power supply for a new power application in a land-based satellite communication system. Deliveries are scheduled to begin in the second quarter of 2011 and be completed by the end of 2011.
Mark Tublisky, President of Behlman Electronics commented, “These orders for two different applications from the same customer validate Behlman’s business model of flexible designs, individualized engineering support and superior customer service. Furthermore, Behlman remains committed to the enhancement of its standard products which serve as the platforms for future business.”
Mitchell Binder, Acting Chief Executive Officer of Orbit International commented, “Behlman’s business remains strong for both COTS and Commercial power applications due in great part to its broad product platform. In addition, Behlman meets the on-going production requirements of both long standing, as well as new customers, with its niche power solutions. Behlman achieved an 8.9% increase in bookings for 2010 and we remain confident that Behlman’s business will continue to grow over the near and long-term.”