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Orbit International’s Electronics Group Receives Two New Orders in September
September 24, 2021 | Globe NewswireEstimated reading time: Less than a minute
Orbit International Corp., an electronics manufacturer and software solution provider, announced that its Electronics Group (OEG) received two new orders in the month of September 2021 totaling approximately $2,100,000. Deliveries for these orders are expected to commence in the third quarter of 2022 and continue through the first quarter of 2023.
Mitchell Binder, President and CEO of Orbit International commented, “These two new orders for our OEG, which include an order in excess of $800,000 for a major program for the U.S. Navy and an order in excess of $1,200,000 for a major aircraft program, highlight our September month-to-date bookings and come on the heels of our previously announced strong consolidated booking month in August 2021 and our OEG’s second quarter bookings which were in excess of $3,250,000. These new orders continue to solidify our delivery schedules for 2022. Furthermore, our sales teams for the OEG are working on additional new and follow-on opportunities that we are optimistic will result in additional awards for the fourth quarter, although the timing of the receipt of these awards, particularly from our military customers is uncertain.”
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Considering the Future of Impending Copper Tariffs
07/30/2025 | I-Connect007 Editorial TeamThe Global Electronics Association is alerting industry members that a potential 50% tariff on copper could hit U.S. electronics manufacturers where it hurts.
Foxconn, TECO Announce Strategic Alliance Targeting AI Data Center Capabilities
07/30/2025 | PRNewswireHon Hai Technology Group (Foxconn) and TECO Electric & Machinery Co Ltd Ltd (TECO) on Wednesday announced a share exchange, strategic alliance that will strengthen their AI infrastructure capabilities and propel the two Taiwanese tech majors into key markets in the global super-computing race.
Sypris Wins Awards to Support Subsea Cable Systems
07/29/2025 | BUSINESS WIRESypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc., announced it has secured follow-on contract awards from a leading global provider of subsea cable systems. Under the terms of the agreement,
Creating Connections in Mexico
07/30/2025 | Michelle Te, Community MagazineA concerted effort by the Global Electronics Association—Mexico team over the past year has created inroads for the Global Electronics Association (formerly IPC) with leading electronics companies, government offices, and academic institutions in Mexico. “Our goal is to bring more awareness to what the Global Electronics Association is and what it offers,” says Lorena Villanueva, senior director. “We also aim to increase our membership. Of 3,200 members of the Global Electronics Association, only 180 are in Mexico.”
North American EMS Industry Down 8.9% in June
07/29/2025 | Global Electronics AssociationThe Global Electronics Association announced today the June 2025 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.28.