BNET Industries
Market Cap:$12.8M
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 OfficerMitchell Binder
Number of Employees 144
Peer Companies
NAICS Code Other Communications Equipment Manufacturing: 334290
Recent Events
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Orbit International Corp. Reports 2009 First Quarter Results
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Orbit International Corp. Reports 2008 Fourth Quarter and Year-End Results
News & Analysis
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orbit international corp. - All News and Analysis
Orbit International's Power Group Receives New Order Valued at Approximately $400,000 for Turkish Air Force Program
Follow-On Production Orders Could Exceed an Additional $600,000 HAUPPAUGE, N.Y. -- Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer, systems integrator and software solution provider, today announced that its Power Group, Behlman Electronics, Inc. ("Behlman") has received a new order for its custom division, valued at approximately $400,000, for two...
Orbit International Corp. Receives New Order for $1.2 Million for Common Transponder Program
$2.6 Million of Additional Orders Expected by the End of 2009 HAUPPAUGE, N.Y. -- Orbit International Corp. (NASDAQ: ORBT), an electronics manufacturer, systems integrator and software solution provider, today announced that its Electronics Group has received a new order in excess of $1.2 million for its Remote Control Units...
Orbit International Corp. Receives New Development Contract From Raytheon to Support Tower Display Workstations for Federal Aviation Administration
Business Editors HAUPPAUGE, N.Y.--BUSINESS WIRE--Nov. 26, 2002 Annual Production Quantities Could Reach $1.0 Million, Starting 2004 Orbit International Corp. (NASDAQ: ORBT), a niche military defense electronics supplier, today announced its Orbit Instrument Division has recently received a design and development contract from Raytheon Technical Services Company...
Orbit International Corp. Power Unit Segment Receives New Orders to Support Air Force Repair Program
Business Editors HAUPPAUGE, N.Y.--BUSINESS WIRE--Oct. 25, 2001 Orbit International Corp.(NASDAQ:ORBT) today announced that its Power Unit Segment, Behlman Electronics, Inc., has received orders from Hill Air Force Base to repair mission critical high voltage power supplies to support the Tactical Air Control System. This power supply was...
Orbit International Corp. Signs Letter of Intent to Combine With Homing, Inc
Business/Technology Editors HAUPPAUGE, NY--BUSINESS WIRE--June 7, 2000 Orbit International Corp. (Nasdaq SmallCap:ORBT) today announced that it has entered into a letter of intent with Homing, Inc. pursuant to which Orbit and Homing have agreed to combine. Under the terms of the proposed transaction, Homing will acquire all...
Orbit International Corp. Announces Approximately $1.7M in New Orders
HAUPPAUGE, N.Y.--BUSINESS WIRE--Oct. 5, 1999-- Orbit International Corp. (NASDAQ:ORBTD) today announced that it has received approximately $1,700,000 in new contracts from prime contractors and government agencies. Deliveries under these new contracts will commence in the fourth quarter of 1999 and continue through the first quarter of 2001. Dennis...
Orbit International Corp. Announces One-For-Three Reverse Stock Split
HAUPPAUGE, N.Y.--BUSINESS WIRE--Sept. 1, 1999-- Orbit International Corp. (NASDAQ: ORBT) today announced that its Board of Directors has unanimously approved and determined to submit to the stockholders of the Company an amendment to the Company's Certificate of Incorporation to effect a one-for-three reverse stock split of the Company's outstanding...
Orbit International Corp. Announces New Contract Award From Marconi Aerospace Systems, Inc
HAUPPAUGE, N.Y.--BUSINESS WIRE--June 24, 1999-- Orbit International Corp. (NASDAQ:ORBT) today announced that its Orbit Instrument Division has been awarded a new contract valued at approximately $1,000,000 from the Advanced Systems Division of Marconi Aerospace Systems, Inc. Under this contract, the Company will provide a Data Entry Device/Terminal to be...
Orbit International Corp. Announces Stock Repurchase Program
HAUPPAUGE, N.Y.--BUSINESS WIRE--Sept. 1, 1998--Orbit International Corp. (NASDAQ: ORBT) today announced that it plans to purchase up to 250,000 shares of its common stock amounting to approximately 4% of its outstanding shares, in the open market or in privately negotiated transactions. The price to be paid, timing of purchases and...
Orbit International Corp. Announces Stock Repurchase Program
HAUPPAUGE, N.Y.--BUSINESS WIRE--Sept. 1, 1998--Orbit International Corp. (NASDAQ: ORBT) today announced that it plans to purchase up to 250,000 shares of its common stock amounting to approximately 4% of its outstanding shares, in the open market or in privately negotiated transactions. The price to be paid, timing of purchases and...
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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 |
| Organization | Position | Status |
|---|---|---|
| Orbit International Corp. | COO & Executive Vice President | Current |
| Orbit International Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Orbit International Corp. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Orbit International Corp. | Investor Relations Counsel | Current |
| 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 |
| 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 |
| Organization | Position | Status |
|---|---|---|
| Orbit International Corp. | Board of Directors | Current |
| Harvey Electronics, Inc. | Board of Directors | Current |
| Yale Law School | Graduate | Former |
| 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 |
| Organization | Position | Status |
|---|---|---|
| Orbit International Corp. | Board of Directors | Current |
| San Diego Ca | Partner | Former |
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