Orbit International Receives Multi-Year IDIQ Contract for U.S. Navy MK 437 Gun Mount Control Panel

Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group has received a multi-year Indefinite Delivery/Indefinite Quantity ("IDIQ”) contract from a U.S. Navy Procurement Agency valued at approximately $1,400,000. Simultaneously, the U.S. Navy Contracting Agency placed its initial requirement against this multi-year IDIQ contract, with a value in excess of $265,000. This award was received by the Company’s newly acquired Integrated Combat Systems, Inc. ("ICS”) subsidiary located in Louisville, Kentucky. Total system deliveries under this multi-year IDIQ award are expected to commence in the third quarter of 2008 and continue through the fourth quarter of 2011. The MK 437 Gun Mount Control Panel (GMCP) is a significant sub-system component that supports the Naval MK 160 Gun Computer System (GCS). The MK 437 GMCP includes custom fabricated enclosures; Commercial-Off-The-Shelf (COTS) and Non-Developmental Item (NDI) components, designed and selected to meet the most stringent U.S. Navy operational systems requirements. The GCS control panels are used on all AEGIS Cruisers and Destroyers, and are operationally integrated within a 5”/54 MK-45 Gun Mount (GM) systems. Ken Ice, President and Chief Operating Officer of ICS commented, "We are delighted to announce this initial award, coming on the heels of our December 2007 Orbit International/ICS acquisition announcement. I believe the ICS business model for continued growth of custom systems integration and logistics support complements the Orbit International Corp. business plan for future growth within our niche defense electronics marketplace.” Mitchell Binder, Orbit’s Executive Vice President and Chief Financial Officer stated, "With this acquisition, we have added a company that has a track record of successful growth and profitability and should have an immediate accretive impact on our operating results. In addition, Orbit’s strong balance sheet enables ICS to explore new opportunities for long term growth.” Dennis Sunshine, Orbit’s President and Chief Executive Officer commented, "ICS was both a complementary and synergistic transaction for our Company. Our new Louisville subsidiary, a leading small business defense electronics systems integrator, expands Orbit’s penetration among prime defense electronics companies bringing years of experience, including design, manufacturing, integration, and logistics support for most Naval Gun Weapons Systems requirements.” Sunshine added, "ICS also provides significant growth opportunities for our Electronics and Power Unit Groups. Each business segment can leverage synergistic solutions to our respective base of new and existing customers and program opportunities that should accelerate the operational growth and financial strength of Orbit International Corp.” Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, Quakertown, Pennsylvania and Louisville, Kentucky. Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and associated analytical equipment. The Behlman military division designs, manufactures and sells power units and electronic products for measurement and display. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, but not limited to, statements regarding any acquisition proposal and whether such proposal or a strategic alternative thereto may be considered or consummated; statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results including all guidance amounts, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit's filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports and its registration statement on Form S-3 containing a final prospectus dated January 11, 2006. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.