Orbit International Corp. Receives New Contract Awards Valued at Approximately $530,000.

Company Expects Additional Options as FMS Program Opportunities Expand

Company Also Reports 11.6% Increase in 2006 Year-End Backlog from Prior Year

HAUPPAUGE, N.Y. -- Orbit International Corp. (NASDAQ: ORBT), an electronics manufacturer and supplier, today announced that its Electronics Group has received fixed contract awards from a leading defense prime contractor valued at approximately $530,000 to procure Cockpit Mission console equipment in support of the P-3 Maritime Patrol Aircraft program for Foreign Military Sales (FMS) requirements. Deliveries under these contracts are expected to commence in the first quarter of 2007 and continue through the second quarter of 2007.

In addition, the Company also announced that its year end backlog at December 31, 2006 was approximately $14.7 million compared to approximately $13.1 million from December 31, 2005, an increase of 11.6%.

Orbit's involvement in this program commenced in March 2006 when its customer received a contract from the Swedish Coast Guard to update their DeHavaland P-3 aircraft with enhanced submarine surveillance equipment which included the Company's keypads and display monitors. All hardware under that order has been delivered. In addition, a second contract was finalized in 2006 by Orbit's customer with the New Zealand Air Force in support of the P-3 Lot II upgrade program under which Orbit designed, manufactured and delivered cursor control trackballs, cockpit displays, keyboards, flight keypads, as well as ruggedized displays to support aircraft operators with critical real time information on each display.

This latest contract was received after Orbit's customer completed final negotiations with the Korean Air Force to design and deliver Rugged Flight Devices and Tactical Entry Devices to support the Korean P-3 Lot II Program.

Dennis Sunshine, President and Chief Executive Officer commented, "The P-3 program has generated a significant revenue stream for our Electronics Group in support of U.S. Air Force and Foreign Military Upgrade programs which should continue as foreign military customers elect to upgrade their P-3 surveillance aircraft with latest state-of-the-art hardware."

Sunshine continued, "Given the flexibility of our Electronics Group, including our Tulip Development Laboratory, Inc. subsidiary, we have the resources to fulfill our customers' critical design requirements, support multiple programs that have time-sensitive delivery expectations, and also provide new hardware for significant quantities for new and retrofit program opportunities from our Hauppauge NY and Quakertown, PA facilities."

Sunshine concluded, "Our Company had strong bookings in the fourth quarter of 2006 as some orders, previously affected by program funding delays, were received. These bookings had a very positive effect on our year end backlog and we enter 2007 well positioned for strong operating results."

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. For a more detailed discussion of the risks inherent in the Company's business, the reader is referred to the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005 and its registration statement on Form S-3 containing a final prospectus dated January 11, 2006.

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, regarding delivery dates under new contract awards, the P-3 program continuing to generate a significant revenue stream for the Company and the Company entering 2007 well positioned for strong operating results. 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. 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.