Orbit Electronics Group

ORBIT INTERNATIONAL CORP. RECEIVES AMENDED LONG TERM AGREEMENT FOR COMMON TRANSPONDER PROGRAM

TOTAL VALUE OF AMENDED AGREEMENT IN EXCESS OF $5.9 MILLION

Receives $1.064 Million Contract Award Against Revised LTA

ORBIT INTERNATIONAL RECEIVES MULTI-YEAR AWARD IN EXCESS OF $1,000,000 FOR UPGRADED TURRET KEY PANEL TO SUPPORT M1A1 ABRAMS TANKS

ORBIT INTERNATIONAL RECEIVES $916,000 ORDER FROM U.S. ARMY COMMUNICATIONS COMMAND FOR UPGRADED RADAR DISPLAY UNITS

ORBIT INTERNATIONAL RECEIVES $800,000 FOLLOW-ON ORDER FROM U.S. ARMY COMMUNICATIONS ELECTRONICS COMMAND

Total Award Could Exceed $5 Million

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