updated 2/28/2011 9:16:43 AM ET 2011-02-28T14:16:43

DEERFIELD BEACH, Fla., Feb. 28, 2011 (GLOBE NEWSWIRE) -- The US Army has awarded ORBIT Communication Systems, Inc. (USA), a subsidiary of Orbit Technologies Ltd. (TASE:ORBI), a Satellite Communications, Tracking & Telemetry, and Communications Management Systems provider, a contract for the production and delivery of the VAWS – Voice Altitude Warning Systems for its combat deployed UH-60 Black Hawk helicopters. This IDIQ contract has the potential of reaching a value of over $5 million over the next five years.

The US Army has once again selected ORBIT's communications products, stating that "it is the only known source with the unique capability to supply the stated components for military aircraft, while also meeting the required performance standard". ORBIT will deliver the first batch of the VAWS during 2011.

ORBIT's VAWS are combined with the audio management system of the Black Hawk, increasing the operational flight safety of the helicopters assigned to combat duty in critical areas such as Iraq and Afghanistan. The system is part of ORBIT's Communication Management Systems product line, encompassing a wide variety of building blocks that provide commercially-off-the-shelf solutions for airborne (fixed wing and rotary) and seaborne applications.

"We are proud that ORBIT has once again been selected by the US DoD and view this as proof of its confidence in our products," says Israel Adan, CEO of ORBIT CS, Inc. (USA). "Our main objective is to provide rapid response to the troops in need of innovative, reliable communication systems that improve flight safety and in effect, contribute to saving lives," added Adan.

About ORBIT Communication Systems, Inc. (USA):

ORBIT is a world leading supplier of innovative Satellite Communications solutions as well as Tracking & Telemetry and Communications Management Systems. The company's products are deployed on board airborne, maritime and land platforms with both military and commercial customers and are installed on thousands of projects with companies and organizations worldwide. ORBIT's customers include major integrators such as Airbus Military, Boeing, Lockheed Martin, Northrop Grumman and Rockwell Collins, as well as communications service providers such as SELEX Communications, Telespazio, Eutelsat, NewSat, Gilat, Harris Communications, and SpeedCast.

ORBIT is a public company traded on the Tel‐Aviv Stock Exchange. The company boasts an international marketing and sales network that includes the United States, Europe, and the Far East in addition to its international technical service centers located around the world.

CONTACT: David Horton
         Director of Sales & Business Development,
         Communication Management Systems
         ORBIT Communication Systems, Inc.
         716 South Military Trail
         Deerfield Beach, Florida 33442
         Tel: +1 954 742 3831
         Email: david.horton@orbit-cs.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.96%
$30K home equity loan FICO 5.23%
$75K home equity loan FICO 4.66%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.28%
13.21%
Cash Back Cards 17.73%
17.70%
Rewards Cards 17.00%
16.96%
Source: Bankrate.com