{"success":true,"data":{"pressRelease":{"id":"164369","rtpr_id":"nGNX1WdncY-20261008","ticker":"ORBT","exchange":"OTC","all_tickers":["ORBT"],"title":"Orbit International Reports Consolidated Bookings of Approximately $8,200,000 for the Third Quarter 2026  ","author":"Globe Newswire","published_at":"2026-10-08T12:45:00.144Z","article_body":"OPG Bookings In Excess of $3,800,000 for the Third Quarter 2026\n\nOEG Third Quarter 2026 Bookings of Approximately $4,400,000\n\nOPG Bookings Through 9/30/26 Have Exceeded 2025 Total Bookings\n\nHAUPPAUGE, N.Y., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Orbit International Corp.\n(OTCID Basic Market:ORBT), an electronics manufacturer and software solution\nprovider, today announced that its consolidated bookings for the third quarter\nof 2026 were approximately $8,200,000. Expected deliveries under these\ncontracts have already commenced and are expected to be completed in the first\nquarter of 2028.\n\nMitchell Binder, President and CEO of Orbit International Corp. commented,\n“We are pleased to report strong consolidated bookings for the Company of\napproximately $8,200,000 for the three months ended September 30, 2026,\nhighlighted by our Orbit Power Group (“OPG”), which had bookings for the\nthird quarter in excess of $3,800,000. Total bookings for our OPG through\nSeptember 30, 2026, are 24.6% higher than the comparable prior year period and\nhave already exceeded total bookings for all of 2025. Bookings in the current\nquarter were attributable to orders for our power supplies using our VPX\ntechnology as well as non-VPX COTS and commercial power supplies. Total\nbookings for VPX power supplies through September 30, 2026 are 58% higher than\nthe comparable period of the prior year.”\n\nBinder added, “In addition to the firm booking month from our OPG, bookings\nfor our Orbit Electronics Group (“OEG”), inclusive of our Simulator\nProduct Solutions LLC (“SPS”) subsidiary, were approximately $4,400,000\nand were highlighted by a previously announced order, received by SPS in\nAugust 2026, for approximately $1,200,000. The order was from a large defense\ncontractor to support the SSC FoT effort for the U.S. Navy’s Naval Air\nWarfare Center Training Systems Division (NAWCTSD). All deliveries under this\ncontract are scheduled for the fourth quarter of the current year. Current\nyear-to-date bookings for SPS have increased by approximately 16% over the\ncomparable period of the prior year, thereby increasing backlog which we\nbelieve will well position delivery schedules for SPS for the remainder of\n2026 and into the first half of 2027.”  \n\nOrbit International Corp., through its Electronics Group, is involved in the\ndevelopment and manufacture of custom electronic device and subsystem\nsolutions for military, industrial and commercial applications through its\nproduction facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group,\nalso located in Hauppauge, NY, designs and manufactures a wide array of power\nproducts including AC power supplies, frequency converters, inverters, VME/VPX\npower supplies as well as various COTS power sources.\n\nCertain matters discussed in this news release and oral statements made from\ntime to time by representatives of the Company including, statements regarding\nour expectations of Orbit’s operating plans, deliveries under contracts and\nstrategies generally; statements regarding our expectations of the performance\nof our business; expectations regarding costs and revenues, future operating\nresults, additional orders, future business opportunities and continued\ngrowth, may constitute forward-looking statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995 and the Federal securities\nlaws. Although Orbit believes that the expectations reflected in such\nforward-looking statements are based upon reasonable assumptions, it can give\nno assurance that its expectations will be achieved.\n\nForward-looking information is subject to certain risks, trends and\nuncertainties that could cause actual results to differ materially from those\nprojected. Many of these factors are beyond Orbit International's ability to\ncontrol or predict. Important factors that may cause actual results to differ\nmaterially and that could impact Orbit International and the statements\ncontained in this news release can be found in Orbit's reports posted with the\nOTC Disclosure and News service. For forward-looking statements in this news\nrelease, Orbit claims the protection of the safe harbor for forward-looking\nstatements contained in the Private Securities Litigation Reform Act of 1995.\nOrbit assumes no obligation to update or supplement any forward-looking\nstatements whether as a result of new information, future events or otherwise.\n\nCONTACT\nDavid Goldman\nChief Financial Officer\n631-435-8300\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea498c68-7dc2-4719-b2b2-f506dee887c9)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1WdncY-20261008","title":"Orbit International Reports Consolidated Bookings of Approximately $8,200,000 for the Third Quarter 2026  ","author":"Globe Newswire","ticker":"ORBT","created":"2026-10-08T12:45:00.144Z","tickers":["ORBT"],"exchange":"OTC","article_body":"OPG Bookings In Excess of $3,800,000 for the Third Quarter 2026\n\nOEG Third Quarter 2026 Bookings of Approximately $4,400,000\n\nOPG Bookings Through 9/30/26 Have Exceeded 2025 Total Bookings\n\nHAUPPAUGE, N.Y., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Orbit International Corp.\n(OTCID Basic Market:ORBT), an electronics manufacturer and software solution\nprovider, today announced that its consolidated bookings for the third quarter\nof 2026 were approximately $8,200,000. Expected deliveries under these\ncontracts have already commenced and are expected to be completed in the first\nquarter of 2028.\n\nMitchell Binder, President and CEO of Orbit International Corp. commented,\n“We are pleased to report strong consolidated bookings for the Company of\napproximately $8,200,000 for the three months ended September 30, 2026,\nhighlighted by our Orbit Power Group (“OPG”), which had bookings for the\nthird quarter in excess of $3,800,000. Total bookings for our OPG through\nSeptember 30, 2026, are 24.6% higher than the comparable prior year period and\nhave already exceeded total bookings for all of 2025. Bookings in the current\nquarter were attributable to orders for our power supplies using our VPX\ntechnology as well as non-VPX COTS and commercial power supplies. Total\nbookings for VPX power supplies through September 30, 2026 are 58% higher than\nthe comparable period of the prior year.”\n\nBinder added, “In addition to the firm booking month from our OPG, bookings\nfor our Orbit Electronics Group (“OEG”), inclusive of our Simulator\nProduct Solutions LLC (“SPS”) subsidiary, were approximately $4,400,000\nand were highlighted by a previously announced order, received by SPS in\nAugust 2026, for approximately $1,200,000. The order was from a large defense\ncontractor to support the SSC FoT effort for the U.S. Navy’s Naval Air\nWarfare Center Training Systems Division (NAWCTSD). All deliveries under this\ncontract are scheduled for the fourth quarter of the current year. Current\nyear-to-date bookings for SPS have increased by approximately 16% over the\ncomparable period of the prior year, thereby increasing backlog which we\nbelieve will well position delivery schedules for SPS for the remainder of\n2026 and into the first half of 2027.”  \n\nOrbit International Corp., through its Electronics Group, is involved in the\ndevelopment and manufacture of custom electronic device and subsystem\nsolutions for military, industrial and commercial applications through its\nproduction facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group,\nalso located in Hauppauge, NY, designs and manufactures a wide array of power\nproducts including AC power supplies, frequency converters, inverters, VME/VPX\npower supplies as well as various COTS power sources.\n\nCertain matters discussed in this news release and oral statements made from\ntime to time by representatives of the Company including, statements regarding\nour expectations of Orbit’s operating plans, deliveries under contracts and\nstrategies generally; statements regarding our expectations of the performance\nof our business; expectations regarding costs and revenues, future operating\nresults, additional orders, future business opportunities and continued\ngrowth, may constitute forward-looking statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995 and the Federal securities\nlaws. Although Orbit believes that the expectations reflected in such\nforward-looking statements are based upon reasonable assumptions, it can give\nno assurance that its expectations will be achieved.\n\nForward-looking information is subject to certain risks, trends and\nuncertainties that could cause actual results to differ materially from those\nprojected. Many of these factors are beyond Orbit International's ability to\ncontrol or predict. Important factors that may cause actual results to differ\nmaterially and that could impact Orbit International and the statements\ncontained in this news release can be found in Orbit's reports posted with the\nOTC Disclosure and News service. For forward-looking statements in this news\nrelease, Orbit claims the protection of the safe harbor for forward-looking\nstatements contained in the Private Securities Litigation Reform Act of 1995.\nOrbit assumes no obligation to update or supplement any forward-looking\nstatements whether as a result of new information, future events or otherwise.\n\nCONTACT\nDavid Goldman\nChief Financial Officer\n631-435-8300\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea498c68-7dc2-4719-b2b2-f506dee887c9)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-08T12:45:00.190066247Z","server_sent_at_ms":1791463500190},"received_at":"2026-10-08T12:45:00.318Z","source_url":null},"analysis":{"id":"152791","press_release_id":"164369","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"Orbit International reported consolidated bookings of approximately $8.2 million for the third quarter of 2026, with deliveries running through Q1 2028.\n\nOrbit Power Group bookings exceeded $3.8 million and are up 24.6% year-to-date, already surpassing all of 2025, while VPX power-supply bookings are up 58% year-to-date.\n\nOrbit Electronics Group booked roughly $4.4 million, anchored by a $1.2 million SPS order from a large defense contractor supporting the U.S. Navy's NAWCTSD SSC FoT program; SPS year-to-date bookings are up about 16%, building backlog into 2027.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strong bookings momentum at micro-cap defense electronics maker -- OPG YTD bookings already exceed all of 2025."},"keyFigures":{"customDimensions":{"sps_navy_order":1200000,"oeg_q3_bookings":4400000,"opg_q3_bookings":3800000,"opg_bookings_yoy_growth":"24.6%","sps_ytd_bookings_growth":"16%","vpx_bookings_yoy_growth":"58%","consolidated_q3_bookings":8200000}},"quotedText":"Total bookings for our OPG through September 30, 2026, are 24.6% higher than the comparable prior year period and have already exceeded total bookings for all of 2025.","namedEntities":{"people":[{"name":"Mitchell Binder","role":"President and CEO"},{"name":"David Goldman","role":"CFO"}],"products":["VPX power supplies","COTS power supplies"],"companies":[{"name":"Orbit International Corp.","ticker":"ORBT","relationship":"filer"},{"name":"Orbit Power Group (OPG)","relationship":"subsidiary"},{"name":"Orbit Electronics Group (OEG)","relationship":"subsidiary"},{"name":"Simulator Product Solutions LLC (SPS)","relationship":"subsidiary"},{"name":"Naval Air Warfare Center Training Systems Division (NAWCTSD)","relationship":"customer"}],"dollarAmounts":[{"amount":"$8,200,000","context":"consolidated Q3 2026 bookings"},{"amount":"$3,800,000","context":"OPG Q3 2026 bookings"},{"amount":"$4,400,000","context":"OEG Q3 2026 bookings"},{"amount":"$1,200,000","context":"SPS order from large defense contractor for U.S. Navy NAWCTSD SSC FoT effort"}]},"materialImpact":{"score":2,"reasoning":"Positive bookings update for a small-cap defense electronics manufacturer: $8.2M consolidated Q3 bookings with OPG bookings up 24.6% YTD and already exceeding full-year 2025. Not earnings and no direct revenue/EPS impact, but a genuine demand signal."},"tickerRelevance":{"others":[],"primary":"ORBT"},"globalImportance":15,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap OTC","eventGravity":"routine bookings update, no earnings","sectorWeight":"defense electronics niche","retailFavoriteBoost":false}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Orbit International reported consolidated bookings of approximately $8.2 million for the third quarter of 2026, with deliveries running through Q1 2028.\n\nOrbit Power Group bookings exceeded $3.8 million and are up 24.6% year-to-date, already surpassing all of 2025, while VPX power-supply bookings are up 58% year-to-date.\n\nOrbit Electronics Group booked roughly $4.4 million, anchored by a $1.2 million SPS order from a large defense contractor supporting the U.S. Navy's NAWCTSD SSC FoT program; SPS year-to-date bookings are up about 16%, building backlog into 2027.","key_figures":{"customDimensions":{"sps_navy_order":1200000,"oeg_q3_bookings":4400000,"opg_q3_bookings":3800000,"opg_bookings_yoy_growth":"24.6%","sps_ytd_bookings_growth":"16%","vpx_bookings_yoy_growth":"58%","consolidated_q3_bookings":8200000}},"named_entities":{"people":[{"name":"Mitchell Binder","role":"President and CEO"},{"name":"David Goldman","role":"CFO"}],"products":["VPX power supplies","COTS power supplies"],"companies":[{"name":"Orbit International Corp.","ticker":"ORBT","relationship":"filer"},{"name":"Orbit Power Group (OPG)","relationship":"subsidiary"},{"name":"Orbit Electronics Group (OEG)","relationship":"subsidiary"},{"name":"Simulator Product Solutions LLC (SPS)","relationship":"subsidiary"},{"name":"Naval Air Warfare Center Training Systems Division (NAWCTSD)","relationship":"customer"}],"dollarAmounts":[{"amount":"$8,200,000","context":"consolidated Q3 2026 bookings"},{"amount":"$3,800,000","context":"OPG Q3 2026 bookings"},{"amount":"$4,400,000","context":"OEG Q3 2026 bookings"},{"amount":"$1,200,000","context":"SPS order from large defense contractor for U.S. Navy NAWCTSD SSC FoT effort"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-08T12:45:07.833Z","global_importance":15,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap OTC","eventGravity":"routine bookings update, no earnings","sectorWeight":"defense electronics niche","retailFavoriteBoost":false}},"durationMs":7425,"modelName":"glm-5.3-flashx"}}