BNET Industries

Orbit International Corp.

(ORBT) is in the Technology Industry

Market Cap:$17.6M
Last Fiscal Year Sales:$25.8M
  • Public
  • US
Dow Jones Description

Orbit International, Corp. (NASDAQ: ORBT), is the parent company of both the Orbit Electronics Group and the Orbit Power Group. Orbit companies have been relied upon to design and manufacture subsystems and major components for prime contractors, government procurement agencies (both foreign and domestic), and R&D laboratories worldwide since 1957. The Orbit name is synonymous with ultra-rugged Human-Machine Interface (HMI) devices and software solutions. By delivering leading-edge mission-critical hardware with extreme environmental and operational survivability, components in the Orbit Electronics Group have become trusted suppliers of choice for military, government and industrial programs that impose stringent standards for quality and high reliability, where downtime is not an option. Advanced technologies, proven design expertise and our diligent analysis of the relationships between human and machine interface requirements, enable the Orbit Electronics Group to deliver products that help increase user productivity, reliability and overall performance in your mission critical applications. All divisions within the Orbit Electronics Group are proven to have the vision necessary to develop, implement and sustain rugged HMI products that raise the standards for performance, reliability and economy. ...

Chief Executive Officer, Dennis Sunshine and Chief Financial Officer
Mitchell Binder
Number of Employees 144
Contact Information

80 Cabot Ct

Hauppauge, New York 11788

orbitintl.com

(631) 435-8300

NAICS Code Other Communications Equipment Manufacturing: 334290

Recent Events

  • Orbit International Posts 3Q Results

    11/13/09 - Financial Announcement - View Story

  • Orbit International Secures Navy Deal

    10/10/09 - Joint Venture / Alliance - View Story

  • Orbit International Posts 2009 Second Quarter Results

    8/11/09 - Financial Announcement - View Story

News & Analysis

company and orbit international corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Mitchell Binder Chief Executive Officer, Dennis Sunshine and Chief Financial Officer
David Gutman President
Bruce Reissman COO & Executive Vice President
David Goldman Controller
Linda Latman Investor Relations Counsel
Mark Tublisky Secretary

Board of Directors

Name (plus bio) Position
Arthur Rhein Board of Directors
Bernard Karcinell Board of Directors
Denis Feldman Board of Directors
Frederic J Gruder Board of Directors
Fredric J. Gruder Board of Directors
Lee Feinberg Board of Directors
Robert J Mitzman Board of Directors
Sohail Malad Board of Directors

Mitchell Binder has been Executive Vice President of the Company since 2006, Vice President-Finance from 1986 to 2006 and its Chief Financial Officer since 1983. He has been a director of the Company since 1985. Mr. Binder has held various positions with the Company since 1983, including Treasurer and Assistant Secretary from 1983 to March 1995.

Organization Position Status
Orbit International Corp. Chief Executive Officer, Dennis Sunshine and Chief Financial Officer Current
Orbit International Corp. Chief Financial Officer Current
Orbit International Corp. Board of Directors Current

David Gutman has been President and Chief Operating Officer of Tulip Development Laboratory, Inc. ("Tulip") and TDL Manufacturing, Inc. since August 2008. Prior thereto, he was Vice President, Operations and Business Development for Aydin Displays from 2000 to 2007.

Organization Position Status
Orbit International Corp. President Current

Bruce Reissman has been Executive Vice President and Chief Operating Officer of the Company since March 1995 and a director of the Company since 1992. Mr. Reissman has held various positions with the Company since 1975, including Vice President-Marketing from April 1988 to March 1995 and Director of Sales and Marketing from 1976 to April 1988.

Organization Position Status
Orbit International Corp. COO & Executive Vice President Current
Orbit International Corp. Board of Directors Current

David Goldman has been Treasurer of the Company since June 2004 and Controller since April 2003. Prior thereto, he was Assistant Controller of Frequency Electronics, Inc., a commercial and defense electronics supplier, from April 1999 until April 2003 and Accounting Supervisor from May 1995 to April 1999.

Organization Position Status
Orbit International Corp. Controller Current

Organization Position Status
Orbit International Corp. Investor Relations Counsel Current

Mark Tublisky has been Secretary of the Company since March 2003 and has been President of Behlman Electronics, Inc. since its acquisition by the Company from Astrosystems, Inc. in 1996. Mr. Tublisky held various positions at Astrosystems, Inc. from 1969 to 1996, including General Manager of its Automatic Test Division and then as General Manager of the Behlman Division.

Organization Position Status
Orbit International Corp. Secretary Current
Orbit International Corp. Secretary Current

Organization Position Status
Agilysys, Inc. CEO Current
Agilysys, Inc. President Current
Agilysys, Inc. Chairman Current
Orbit International Corp. Board of Directors Current
Agilysys, Inc. Board of Directors Current
Agilysys, Inc. COO Former
Agilysys, Inc. Vice President, Northeast Region Former

Bernard Karcinell has been a director of the Company since 2000. Mr. Karcinell is a certified public accountant licensed in Florida since 1989. He also performs financial advisory services to several individuals and corporations. Prior thereto, he was a Partner at KPMG LLP and former President and CEO of Designcraft Jewel Industries and CCR Video Corp.

Organization Position Status
Orbit International Corp. Board of Directors Current

Organization Position Status
Orbit International Corp. Board of Directors Current

Organization Position Status
Orbit International Corp. Board of Directors Current

Fredric Gruder has been a director of the Company since March 2008. Mr. Gruder, an attorney at law, has been a sole practitioner since December 2001. He specializes in mergers and acquisitions and corporate/securities law. He is a graduate of Yale Law School and from July 1998 through July 2006, served on the Board of Directors of Harvey Electronics, Inc., a specialty retailer and custom installer of high quality audio/video consumer electronics and home theater products.

Organization Position Status
Orbit International Corp. Board of Directors Current
Harvey Electronics, Inc. Board of Directors Current
Yale Law School Graduate Former

Lee Feinberg has been a director of the Company since February 2004. Mr. Feinberg is recently retired (November 2008) as a Managing Director of UBS Financial Services Inc. and had functional responsibility as the Head of Corporate Employee Financial Services. Mr. Feinberg had been with UBS Financial Services, formerly PaineWebber, since 1987.

Organization Position Status
UBS Financial Services Managing Director Former

Organization Position Status
Esquire Bank Board of Directors Current
Parlux Fragrances, Inc. Board of Directors Current
Orbit International Corp. Board of Directors Current
Young Presidents' Organization Board of Directors Former
Young Presidents' Organization Member Former

Sohail Malad has been a director of the Company since July 2007. He currently serves as a partner for Karla Enterprises, LLC an investment and development firm. From 2006 through 2008, Mr. Malad was founder and partner of Monarch Activist Partners LP (“Monarch”) based in San Diego, CA, which owned in excess of 5% of the outstanding shares of the Company. From 2004 through 2006, Mr. Malad was a consultant with the Los Angeles office of the Boston Consulting Group.

Organization Position Status
Orbit International Corp. Board of Directors Current
San Diego Ca Partner Former
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     ORBT $3.88 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 10,768
Shares Outstanding 4.56M
Market Cap 17.7M
Year High 4.1
Year Low 1.24
Earnings Per Share -1.32
P/E Ratio -2.94
Dividend N/A
Yield N/A
IndustryTop Rated

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