Orbit International Corp. Announces New Contract Valued at Approximately $575,000.

HAUPPAUGE, N.Y. -- Reaffirms Prior Guidance at the Wall Street Analyst Forum's 16th Annual Analyst Conference

Orbit International Corp. (NASDAQ:ORBT), a supplier of military and defense electronics, today announced that it has received a contract valued at approximately $575,000 for its keypanel in support of the Towed Artillery Digitation (TAD) Digital Fire Control System. Initial deliveries are expected to begin in the fourth quarter of 2005 and continue through the fourth quarter of 2006. Additionally, based upon customer input, follow-on orders of significant magnitude are likely. This order emanated from Tulip Development Labs ("Tulip") of Quakertown, PA, which was acquired by Orbit International in April 2005.

This keypanel is part of the fire control system for the new M777 Lightweight Towed Howitzer. The TAD Digital Fire Control System will provide onboard ballistic computation, navigation, pointing and self location resulting in greater accuracy and faster reaction times. The system will be used by both the U.S. Army and U.S. Marines.

Dennis Sunshine, President and Chief Executive Officer of Orbit International Corp., commented, "Our Company continues to book new business which we believe will provide significant follow-on opportunities over the next few years. We believe this new TAD order will prove to be a significant program for our new Tulip subsidiary. With the consolidation of their results for the remainder of 2005, we are confident that operating results for 2005 will be extremely strong."

Separately, at the Wall Street Forum's 16th Annual Analyst Conference held today in New York City, Orbit International's senior management will reaffirm the 2005 guidance that was announced on April 4, 2005. As previously reported, the Company expects revenue for the year ending December 31, 2005, to be in the range of $23.2 million to $23.8 million, up from $18.0 million in 2004. Earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to be between $3,100,000 and $3,300,000, as compared to $1,967,000 in 2004. Net income is expected to be between $2,550,000 and $2,750,000, equal to between $.78 and $.84 per diluted share. In 2004, net income, which included a $100,000 tax benefit, was $1,937,000 or $.62 per diluted share.

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 and Quakertown, Pennsylvania. 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.

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including expected delivery dates under the new contract, new business providing significant follow-on opportunities over the next few years, the new TAD order proving to be a significant program for Tulip, reaffirmation of guidance for 2005 and operating results for 2005 will be extremely strong. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual future results of the Company to be materially different from such forward looking statements. Factors that might result in such differences include, without limitation, current economic conditions and military conflicts, variable market conditions, changing needs of the defense sector and the Company's customers, and integration of the new Tulip acquisition. The forward-looking statements contained in this press release speak only as of the date hereof. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.