HAUPPAUGE, N.Y., 19 October 2006. The Electronics Group of Orbit International Corp., an electronics manufacturer and supplier, has received approximately $950,000 relating to the procurement of its Remote Control Units ("RCU") in support of the Common Transponder ("CXP") program for both U.S. Navy and U.S. Army program requirements.
This contract represents the first order against the long-term agreement of June 2006. Deliveries under this contract are expected to commence in the fourth quarter of 2006 and continue through the second quarter of 2007.
This $950,000 order is part of Orbit's third agreement for RCUs with this prime contractor, bringing the total number of units under this requirement to more than 2,100 units.
This latest contract provides for the purchase of up to 500 RCU configurations through the second quarter of 2008. These additional orders are expected to be valued at approximately $2.2 million, bringing the total value of this LTA to approximately $3.1 million.
Dennis Sunshine, president and CEO of Orbit International, comments, "This latest release of RCUs includes a requirement for units that have advanced software to support the Air Force with their Enhanced Traffic Alert and Collision Avoidance System ("ETCAS"). This configuration includes Mode S, Mode 5, Traffic Alert and Collision Avoidance System ("TCAS") and ETCAS software capabilities, which enables our unit to have multi-service program applications for the U.S. Navy, U.S. Army, and U.S. Air Force."
