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Hauppauge electronics maker gains $1.74M orders

Orbit International headquarters in Hauppauge.

Orbit International headquarters in Hauppauge. Photo Credit: Orbit International Corp.

Hauppauge-based Orbit International Corp., an electronic components maker, has two product order announcements for the week totaling $1.74 million.

It received a $1.3-million order for power devices for equipment used in the petroleum and natural gas exploration industry, the company said in a Wednesday news release. The order was received by the company’s subsidiary Behlman Electronics Inc., which is part of Orbit’s power group division. Deliveries are expected to begin in the third quarter of 2012 and continue through the end of the following year. Orbit did not provide the name of the customer.

“We are very encouraged by the growth in sales in both divisions of our power group,” Mitchell Binder, chief executive of Orbit, said in the news release.

The second order is for about $409,000, for prototype avionics displays for the F-16 jet fighter, P-3 Orion and KC-135 aircraft. Avionics displays, on aircraft cockpit panels, show topography, altitude, horizon, bearing and other information.

This order was received by Orbit’s Tulip Development Labs subsidiary. Orbit did not disclose the customer for the KC-135 or the F-16 orders, but said the New Zealand Ministry of Defense ordered the P-3 Orion displays.

Orbit had an $890,000 loss on $29.8-million in revenue in the past four quarters. Its stock closed down 2 cents Thursday, at $3.56. The orders were disclosed in news releases Wednesday and Thursday.

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