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Orbit International's Power Group books $1.7M in October, led by defense sector orders.

Market News
06 Nov 2026, 15:45 WIB
GlobeNewsWire
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Bullish
Orbit International's Power Group books $1.7M in October, led by defense sector orders.

Orbit International Corp.'s Power Group reported bookings of approximately $1.7 million for October 2026, marking the fourth consecutive month with bookings exceeding $1 million. A significant portion of the orders, about $775,000, came from a large defense company for VPX power supplies, with expectations of continued demand growth. Year-to-date bookings for VPX power supplies have surpassed $5 million, nearly doubling the previous year, indicating strong growth tied to this technology. Deliveries for these contracts are underway and expected to complete by the first quarter of 2028, positioning Orbit International for sustained revenue growth.

Orbit International's Power Group bookings reached about $1.7 million in October 2026. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 06, 2026 19:42 WIB: out of 150 priced US tech stocks, 86 rose and 60 fell. Notable movers include CRDO at USD 123.94 with a 10.34% increase and 91% sell order activity, MRVL at USD 147.11 with a 10.15% gain, and APLD at USD 15.56 rising 9.81%.

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