Orbit International Reports Consolidated Bookings for November 2023
December 12, 2023 | Globe NewswireEstimated reading time: 1 minute
Orbit International Corp., an electronics manufacturer and software solution provider, announced that its consolidated bookings for the month of November 2023 were in excess of $3,100,000. Deliveries for the November 2023 orders have already commenced and are expected to continue through the second quarter of 2025.
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report that consolidated bookings for the month of November 2023 were in excess of $3,100,000 with the majority of our bookings for the month coming from our legacy businesses at our Orbit Electronics Group (”OEG”) and Orbit Power Group (“OPG”). Bookings for our OEG, exclusive of orders received by our Simulator Product Solutions (“SPS”) subsidiary, were approximately $2,000,000, highlighted by an approximately $1,500,000 order from a large defense contractor for a switch panel used on a U.S. Navy program. Additional orders received were for other switch panels and displays. Bookings at our OPG were in excess of $700,000, highlighted by an approximately $400,000 order for our VPX power supplies used on a major aircraft program.”
Binder added, “Orders for our SPS subsidiary were approximately $400,000 in November, which brought SPS’ record year-to-date bookings to approximately $10,600,000, an increase of approximately $5,400,000 or approximately 96%, when compared to total SPS bookings for all of 2022. In addition, SPS has certain remaining new and follow-on business opportunities that it hopes will be awarded prior to year-end, adding to its record bookings year, and achieving a year-over-year booking increase of over 100%.”
Suggested Items
Raymond E. Pritchard IPC Hall of Fame Award: Peter Bigelow
04/04/2025 | Nolan Johnson, I-Connect007IPC’s most prestigious award honors an individual’s long-term distinguished service and contributions to IPC and the electronics manufacturing industry. Peter Bigelow is president of FTG Circuits in Haverhill, Mass., focusing on the military, RF/microwave, and aerospace markets. He also has extensive experience in general management, marketing, operations, and sales with large publicly traded and privately held manufacturing companies in the printed circuit, electronics, and instrumentation industries.
Increase in Share Capital and Number of Shares in HANZA
04/03/2025 | HANZAOn March 3, HANZA completed the acquisition of Leden Group Oy. Part of the purchase price consisted of 2,300,000 newly issued shares in HANZA AB.
IPC APEX EXPO Newcomer: Faith DeSaulnier of TTM Technologies
04/03/2025 | I-Connect007 Editorial TeamDuring the Newcomer’s Welcome Reception at IPC APEX EXPO, the I-Connect Editorial Team spoke with several first-time attendees. The following is our interview with Faith DeSaulnier, a process engineer based at TTM Technologies’ facility in Forest Grove, Oregon.
My Top 10 Highlights from IPC APEX EXPO 2025
04/03/2025 | Chris Mitchell, IPC VP, Global Government RelationsEvery year, I am reminded what an exciting and fast-paced whirlwind IPC APEX EXPO is—the friends you run into, the new people you meet, the innovations you encounter, and the fascinating discussions you dive into. It’s certainly true that our industry is driven by searchers and problem-solvers, creating endless opportunities at APEX EXPO to connect, collaborate, and shape the future.
TRI Test Solutions at INNOELECTRO 2025
04/02/2025 | TRIAnytest will join INNOELECTRO 2025, held at BOK Sportcsarnok from April 8 – 10, 2025, to showcase TRI's Test Solution.