Monday, December 27, 2010

Orbit International Corp. (ORBT) Wins $800,000 Order for Displays From Defense Contractor

Orbit International Corp. is an electronics manufacturer and software solutions provider for both military and non-military government applications. The company today announced that it received an order worth approximately $800,000 for displays from a leading defense contractor for the Machine Control System for the US Navy’s CVN 78 class of super aircraft carriers.

This order combined with approximately $1.3 million of aggregate orders received earlier this year brings total awards for this program in 2010 to $2.1 million. Deliveries started in this quarter and are expected to continue through the second quarter of 2012.

Orbit International also announced that it expects to receive between $300,000 and $400,000 in additional display orders for this program in the first quarter of 2011. The company anticipates more orders in the future as the Navy’s long-term plans call for eleven of the CVN 78 aircraft carriers.

The CVN 78 class of new super aircraft carriers is the Navy’s first major investment in aircraft carrier design in more than three decades. It features many improvements over the 1960s Nimitz-class design. The CVN 78 includes a flight deck with an improved weapons handling system, advanced arresting gear, a completely re-engineered electromagnetic aircraft launch system, new and simplified nuclear propulsion plants, a new electrical power generation system and reconfigurable design architecture.

Orbit International is a global leader in ultra rugged high-performance displays. Its tactical sunlight readable 21 inch monitors were developed specifically for the CVN 78 bridge applications. Low power, high brightness LED backlighting techniques are employed in the company’s monitors to produce an outstanding visual picture quality for the viewing of mission critical data.

For more information on Orbit International, please visit the company’s website at www.orbitintl.com

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