UNITED  STATES
                   SECURITIES  AND  EXCHANGE  COMMISSION
                           Washington, DC  20549

                               FORM  10-QSB

[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                    SECURITIES EXCHANGE  ACT  OF  1934

For the quarterly period ended          March 31, 2001
                                    OR
[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
            SECURITIES  EXCHANGE  ACT  OF  1934
For the transition period from                to

Commission file number             0-3936

               Orbit International Corp.
(Exact name of small business issuer as specified in its charter)
     Delaware                         ID #   11-1826363
(State or other jurisdiction      (I.R.S. Employer Identification
 incorporation or organization)      Number)
     80 Cabot Court, Hauppauge, New York               11788
(Address of principal executive offices               (Zip Code)
                    (631) 435-8300
     (Issuer's telephone number, including area code)
                              N/A
(Former name, former address and former fiscal year, if changed
  since last report)

     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15 (d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
                                   Yes  X   No ___

             APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                PROCEEDING DURING THE PRECEDING FIVE YEARS:

     Check whether the issuer filed all documents and reports required to
be filed by Sections 12, 13 or 15 (d) of the Exchange Act after the
distribution of securities under a plan confirmed by a court.
                                   Yes ___   No ___

          APPLICABLE ONLY TO CORPORATE ISSUERS:

     State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date:

May 14, 2001                                                2,025,864

     Transitional Small Business Disclosure Format (check one): Yes___
No_X_














INDEPENDENT ACCOUNTANT'S REPORT




To the Board of Directors
Orbit International Corporation

We have reviewed the accompanying consolidated balance sheet of Orbit
International Corporation and subsidiaries
as of March 31, 2001, and the related consolidated statements of operations
and cash flows for the three-month
periods ended March 31, 2001 and 2000.  These financial statements are the
responsibility of the company's
management.

We conducted our reviews in accordance with standards established by the
American Institute of Certified Public Accountants.  A review of interim
financial information consists principally of applying analytical procedures
to financial data and making inquiries of persons responsible for financial
and accounting matters. It is substantially less in scope than an audit
conducted in accordance with generally accepted auditing standards, the
objective of which is the expression of an opinion regarding the consolidated
financial statements taken as a whole.  Accordingly, we do not express such
an opinion.

Based on our reviews, we are not aware of any material modifications that
should be made to the accompanying
consolidated financial statements for them to be in conformity with generally
accepted accounting principles.




GOLDSTEIN GOLUB KESSLER LLP
New York, New York

May 11, 2001
















                      PART I - FINANCIAL INFORMATION
                                 ITEM - I

                ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
                   CONDENSED CONSOLIDATED BALANCE SHEETS


                                             March 31,      December 31,
                                               2001            2000
                                            (unaudited)

ASSETS


Current assets:

 Cash and cash equivalents...............  $ 1,418,000    $ 1,102,000
 Investments in marketable securities....        3,000          3,000
 Accounts receivable (less allowance for
  doubtful accounts).....................    2,010,000      2,137,000
 Inventories ............................    6,903,000      6,654,000
 Other current assets....................       98,000        104,000
 Deferred tax assets.....................       75,000         75,000

   Total current assets..................   10,507,000     10,075,000

Property, plant and equipment - at cost,
  less accumulated depreciation and
  amortization...........................      238,000      2,024,000

Excess of cost over the fair value of
   assets acquired.......................      940,000        963,000

Other assets............................       722,000        758,000
Deferred tax assets.....................       275,000        675,000


 TOTAL ASSETS............................  $12,682,000    $14,495,000







                          See accompanying notes.




                ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
                   CONDENSED CONSOLIDATED BALANCE SHEETS
                                (continued)



                                               March 31,   December 31,
                                                 2001         2000
                                             (unaudited)

LIABILITIES AND STOCKHOLDERS' EQUITY


Current liabilities:

 Current portion of long-term obligations.. $   291,000    $  841,000
 Accounts payable..........................   1,347,000     1,486,000
 Accrued expenses..........................     733,000       858,000
 Notes payable.............................     959,000         -
 Deferred income...........................      85,000         -
  Customer advances.......................      608,000       670,000
 Accounts payable, accrued expenses and
  reserves applicable to discontinued
  operations...............................     739,000       758,000

Total current liabilities........                  4,762,000      4,613,000

Deferred income...........................      918,000

Long-term obligations......................     369,000     2,664,000

   Total liabilities.......................   6,049,000     7,277,000

STOCKHOLDERS' EQUITY

Common stock - $.10 par value..............     304,000       304,000
Additional paid-in capital.................  24,165,000    24,165,000
Accumulated deficit........................  (7,986,000)   (7,401,000)
                                             16,483,000    17,068,000
Treasury stock, at cost....................  (9,850,000)   (9,850,000)
   Total stockholders' equity..............   6,663,000     7,218,000


TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $12,682,000   $14,495,000





                          See accompanying notes.

                ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                (unaudited)

                                         Three Months Ended
                                              March 31,

                                     2001                   2000



Net sales........                $ 3,180,000            $  2,753,000

Cost of sales....                  2,032,000               1,831,000

Gross profit.....                  1,148,000                 922,000

Selling, general and
 administrative
 expenses........                  1,308,000               1,242,000

Interest expense......                92,000                  83,000

Investment and
 other income, net....               (67,000)                (54,000)

Loss before
 income tax and
 extraordinary item......           (185,000)               (349,000)


Income tax .... .......              400,000                   -

Net loss before extraordinary
 item ........                      (585,000)               (349,000)


Extraordinary item                     -                     190,000

NET (LOSS)                         $(585,000)              $(159,000)

Net loss per common
share:

Loss before extraordinary item
     Basic........                  $(.29)                    $(.17)
     Diluted......                  $(.29)                    $(.17)

Extraordinary item
     Basic                           $ -                      $ .09
     Diluted                         $ -                      $ .09

Net (loss)
     Basic                          $(.29)                    $(.08)
     Diluted                        $(.29)                    $(.08)


                        See accompanying notes.

                 ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (unaudited)

                                                    Three Months Ended
                                                         March 31,

                                                  2001           2000

Cash flows from operating activities:
 Net (loss) ................................   $(585,000)
$(159,000)
  Adjustments to reconcile net income
  to net cash (used in)
  operating activities:
   Depreciation and amortization.............     64,000
40,000
   Amortization of goodwill..................     24,000
24,000
   Forgiveness of debt.......................
(190,000)
   Deferred income...........................    (21,000)
   Deferred tax asset........................    400,000
Changes in operating assets and liabilities:
   Accounts receivable.......................    127,000
(384,000)
   Inventories...............................   (249,000)
(187,000)
   Other current assets......................      6,000
15,000
   Other assets..............................      1,000            -
   Accounts payable..........................   (139,000)
127,000
   Accrued expenses............................ (125,000)
(5,000)
   Customer advances...........................  (62,000)
   Assets held for sale, net...................     -
28,000
   Accounts payable, accrued expenses and
    reserves applicable to discontinued
    operations.................................  (19,000)
(72,000)

Net cash (used in)
   operating activities......................   (578,000)
(763,000)

Cash flows from investing activities:
 Purchases of property, plant and equipment..     (3,000)
(31,000)
 Proceeds from sales of property, plant
   and equipment........ ..................... 2,783,000
-

Net cash (used in) provided by
   investing activities......................  2,780,000
(31,000)




(continued)







               ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (unaudited)
                                (continued)




                                                   Three Months Ended
                                                        March 31,
                                                    2001         2000

Cash flows from financing activities:

 Repayments of debt..........................  (2,845,000)    (156,000)
 Proceeds from debt..........................   1,000,000         -
 Net repayments of note payable .............     (41,000)        -

Net cash (used in) financing
  activities.................................  (1,886,000)    (156,000)


NET INCREASE (DECREASE) IN CASH AND CASH
 EQUIVALENTS.................................     316,000     (950,000)


Cash and cash equivalents - January 1........   1,102,000    2,975,000


CASH AND CASH EQUIVALENTS

  (1)  Cash paid for:

       Interest..............................  $92,000       $ 83,000





                        See accompanying notes.








               ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
          NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                              (unaudited)
                              (continued)


(NOTE 1)
     The results of operations for the three months ended March 31, 2001
are not necessarily indicative of the results of operations for the full
fiscal year ending December 31, 2001.

     These condensed consolidated statements should be read in conjunction
with the Company's financial statements for the fiscal year ended December
31, 2000 condensed in the Company's Form 10-KSB.

(NOTE 2) -leaseback Transaction:

     In March 2001, the Company entered into a sale-leaseback of its
operating facility whereby it received proceeds of $3,000,000 and
entered into an operating lease with an initial term expiring in 2013.
The lease may be extended by the Company at its option through February
2025.  The Company used the proceeds from the sale to pay off the
amount outstanding under its existing mortgage with the remainder used
for working capital.

(NOTE 3)

     In January 2001, the Company entered into an agreement with an asset-
based lender that provided a $1,000,000 loan, collateralized by the Company's
accounts receivable, inventory and machinery and equipment, at an interest
rate of prime plus 1.75%.  The Company used the proceeds to pay off all
amounts outstanding under its existing term loans, a portion of the amount
outstanding under its existing mortgage and the remainder will be used for
working capital.  Pursuant to the terms of the agreement, the Company must
comply with, among other matters, certain financial covenants which include
minimum levels of working capital and tangible net worth, as defined.







(continued)

                ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
           NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                (unaudited)
                                (continued)

(NOTE 4) - Income Per Share:

     For the three month periods ended March 31, 2001 and March 31, 2000,
the denominator for both basic and diluted loss per common share is the
weighted-average common shares.  Due to a loss recorded for those periods,
there is no effect of common share equivalents as such effect would be
anti-dilutive.

     The numerator for basic and diluted loss per share for the three month
periods ended March 31, 2001 and March 31, 2000 is the net loss for each
period.

(NOTE 5) - Cost of Sales:

     For interim periods, the Company estimates its inventory and related
gross profit.

(NOTE 6) - Inventories:

     Inventories are comprised of the following:

                                   March 31,      December 31,
                                     2001            2000

Raw Materials..............      $ 3,302,000      $ 3,231,000
Work-in-process............        2,912,000        2,857,000
Finished goods.............          689,000          566,000
                TOTAL            $ 6,903,000      $ 6,654,000


(NOTE 7)  -  Business Segments:

     The Company operates through two business segments.  Its Electronics
Segment, through the Orbit Instrument Division, is engaged in the design,
manufacture and sale of customized electronic components and subsystems.  Its
Power Units Segment, through the Behlman Electronics, Inc. subsidiary, is
engaged in the design, manufacture and sale of distortion free commercial
power units, power conversion devices and electronic devices for measurement
and display.

     The Company's reportable segments are business units that offer
different products.  The reportable segments are each managed separately as
they manufacture and distribute distinct products with different production
processes.




(continued)
                ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES
           NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                (unaudited)
                                (continued)




     The following is business segment information for the three month
periods ended March 31, 2001 and March 31, 2000.

                                     Three Months Ended
                                             March 31,
                                            2001                 2000

Net sales:
 Electronics.......         $  1,848,000          $  1,247,000
 Power Units.......
  Domestic........             1,057,000             1,198,000
  Foreign.........               275,000               308,000
 Total Power Units....         1,332,000             1,506,000

Total                        $ 3,180,000           $ 2,753,000


Income (loss) from
                                operations:
  Electronics....... $            86,000           $  (134,000)
        Power Units.......             (89,000)              (51,000)
                             General corporate
                                expenses not
            allocated.........            (157,000)    (135,000)
          Interest expense.....            (92,000)     (83,000)
Investment and other
             income.............             67,000      54,000

                               (Loss) before
         income taxes........        $  (185,000)     $(349,000)












                                (continued)



Item 2.          ORBIT INTERNATIONAL CORP. AND SUBSIDIARIES

                  MANAGEMENT'S DISCUSSION AND ANALYSIS OR
                            PLAN OF OPERATIONS

Material Changes in Results of Operations

         Three month period ended March 31, 2001 v. March 31, 2000

     The Company currently operates in two industry segments.  Its Orbit
Instrument Division is engaged in the design, manufacture and sale of
electronic components and subsystems (the "Electronics Segment").  Its
Behlman subsidiary is engaged in the design, manufacture and sale of
commercial power units (the "Power Units Segment").

Consolidated net sales for the three month period ended March 31, 2001
                       increased to $3,180,000 from
$2,753,000, or 15.5%, for the three month period ended March 31, 2000
                 principally due to higher sales recorded
from its Electronics Segment that was partially offset by lower sales recorded
                        by its Power Units Segment.

Gross profit, as a percentage of sales, for the three months ended March 31,
                       2001 increased to 36.1% from
33.5% for the three month period ended March 31, 2000 due to a higher gross
                    profit realized by the Electronics
Segment principally due to an increase in this Segment's sales.  The gross
                      profit from the Company's Power
      Units Segment did not materially change from the prior period.

Selling, general and administrative expenses for the three month period ended
                        March 31, 2001 increased to
$1,308,000 from $1,242,000, or 5.3%, for the three month period ended March
                      31, 2000 principally due to the
write-off of $103,000 of bank financing costs resulting from the pay off of
                     the outstanding balance under its
credit facility.  Selling, general and administrative expenses, as a
              percentage of sales, for the three month period
ended March 31, 2001 decreased to 41.1% from 45.1% for the three month period
                           ended March 31, 2000
       principally due to increased sales during the current period.

Interest expense for the three month period ended March 31, 2001 was $92,000
                       and did not materially change
from the $83,000 recorded for the three month period ended March 31, 2000.

Investment and other income for the three month period ended March 31, 2001
                         increased to $67,000 from
$54,000 for the three month period ended March 31, 2000 principally due to the
                      amortization of deferred income
realized on the sale-leaseback of the Company's operating facility that was
                       completed during the period.

The net loss before income tax and extraordinary item for the three month
                        period ended March 31, 2001
decreased to $185,000 from the $349,000 loss recorded for the three month
                    period ended March 31, 2000.  This
reduced loss was principally due to the increase in sales from the Company's
                           Electronics Segment.

During the period, the Company completed the sale-leaseback of its operating
                     facility.  For tax purposes, the
Company will be able to offset the capital gain realized on the sale of the
                   facility with its net operating loss
carryforward.  As a result of the transaction and pursuant to Statement of
                       Financial Statements No. 109
"Accounting for Income Taxes", the Company adjusted its valuation allowance
                      against its deferred tax asset
thereby taking a charge of $400,000 to income for the three months ended March
                                 31, 2001.

The net loss before extraordinary item for the three month period ended March
                           31, 2001 was $585,000
compared to a loss of $349,000 for the three month period ended March 31, 2000.

In March 2000, the Company reached an agreement with the sellers of a
                   discontinued apparel division whereby
the Company agreed to commence making payments on a promissory note payable to
                        such sellers in 2000 rather
than in 2002 as scheduled.  The agreement resulted in an extraordinary gain of
                       $190,000 net of income taxes.

As a result of the foregoing, the net loss for the three month period ended
                        March 31, 2001 was $585,000
compared to a loss of $159,000 for the three month period ended March 31, 2000.

                  Material Change in Financial Condition

Working capital increased to $5,745,000 at March 31, 2001 compared to
                     $5,462,000 at December 31, 2000.
The ratio of current assets to current liabilities  remained at 2.2 to 1 at
                     March 31, 2001 from  December 31,
                                   2000.

Net cash used in operations for the three month period ended March 31, 2001
                          was $578,000, primarily
attributable to the net loss for the period, an increase in inventories and a
                     reduction in accounts payable and
accrued expenses that was partially offset by the non-cash flow effect of the
                    reduction in the deferred tax asset
                  and a decrease in accounts receivable.

Cash flows provided by investing activities for the three month period ended
                      March 31, 2001 was $2,780,000,
primarily attributable to the proceeds from the sale of property, plant and
equipment.

Cash flows used in financing activities for the three month period ended March
                         31, 2001 was $1,886,000,
primarily attributable to repayments of long-term debt that was partially
                     offset by the proceeds from debt.

All operations of the discontinued apparel companies have been terminated.
                    All losses and obligations of these
apparel operations have been provided for, and accordingly, the Company does
                         not anticipate using any
significant portion of its resources towards these discontinued apparel
operations.

 In January, 2001, the Company closed on a new $1,000,000 credit facility with
an asset based lender secured by
accounts receivable, inventory and machinery and equipment of the Company.
The agreement shall continue until
January 31, 2003 and from year to year thereafter unless sooner terminated.
Loans will bear interest at the prime
rate of the Chase Manhattan Bank plus 1.75% per annum. In March, 2001, the
Company completed a sale-leaseback
of its New York operating facility whereby it received proceeds of $3,000,000
and entered into a net operating lease
with an initial term expiring in 2013.  The proceeds of the loan and the
sale-leaseback were used to pay off the
outstanding balance under its existing credit facility (approximately
$2,756,000 at an interest rate of 1.75 above the
prime rate of interest) and the remainder of the proceeds will be used for
working capital.

 The Company's existing capital resources, including its bank credit
facilities, and its cash flow from operations
are expected to be adequate to cover the Company's cash requirements for the
foreseeable future.

   Inflation has not materially impacted the operations of the Company.

Certain Material Trends

The Company continues to face a very difficult business environment with
                   continuing pressure on the Company's
prices for its sole source sales and a general reduction in the level of
                   funding for the defense sector.  The
Company continues to pursue many business opportunities, including programs in
                      which it has long participated
but, due to industry-wide funding and pricing pressures, the Company has
                    encountered delays in the awards of
these contracts.  These contract delays adversely affected revenue levels for
                       1999 and 2000.  However, the
Company did realize an improvement in bookings in 2000 and consequently,
                        expects some improvement to
                          revenue levels in 2001.

 The Company continues to seek new contracts which require incurring up-front
design, engineering, prototype
and preproduction costs.  While the Company attempts to negotiate contract
awards for reimbursement of product
development, there is no assurance that sufficient monies will be set aside by
its customers, including the United
States Government, for such effort.  In addition, even if the United States
Government agrees to reimburse
development costs, there is still a significant risk of cost overrun which may
not be reimbursable.  Furthermore, once
the Company has completed the design and preproduction stage, there is no
assurance that funding will be provided
for future production.

The Company is heavily dependent upon military spending, particularly the
                    Department of the Navy, as a source
of revenues and income.  The U.S. Navy fleet has been significantly reduced in
                      the past several years thereby
impacting the procurement of equipment.  Any further reductions in the level
                    of military spending by the United
States Government and/or further reductions to the U.S. Navy fleet could have
                         a negative impact on the
Company's future revenues and earnings.  In addition, due to major
              consolidations in the defense industry, it has
become more difficult to avoid dependence on certain customers for revenue and
                        income.  Behlman's line of
commercial products gives the Company some diversity and the Orbit Instrument
                         Division is beginning to
introduce certain of its products into commercial and foreign markets as well
                        as to other Departments of
                                 Defense.

Forward Looking Statements

Statements in this Item 2 "Management's Discussion and Analysis of Financial
                         Condition and Results of
Operations" and elsewhere in this document are certain statements which are
                    not historical or current fact and
constitute "forward-looking statements" within the meaning of such term in
                   Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. Such
                 forward-looking statements involve known
and unknown risks, uncertainties and other factors that could cause the actual
                   financial or operating results of the
Company to be materially different from the historical results or from any
                  future results expressed or implied by
such forward-looking statements. Such forward looking statements are based on
                       our best estimates of future
results, performance or achievements, based on current conditions and the most
                      recent results of the Company.
In addition to statements which explicitly describe such risks and
               uncertainties, readers are urged to consider
statements labeled with the terms "may", "will", "potential", "opportunity",
                     "believes", "belief", "expects",
"intends", "estimates", "anticipates" or "plans" to be uncertain and
                   forward-looking. 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.




PART II- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS
                                   None

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS
                                   None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES
                                   None

ITEM 4. SUBMISSIONS OF MATTERS TO VOTE OF SECURITY HOLDERS
                                   None

ITEM 5. OTHER INFORMATION
                                   None

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

                               (a) Exhibits
                                   None

                            (b) Reports on 8-K
  No reports were filed for the three month period ended March 31, 2001.



























                                SIGNATURES



     In accordance with the requirements of the Exchange Act,

the registrant caused this report to be signed on its behalf

by the undersigned, thereunto duly authorized.


                         ORBIT INTERNATIONAL CORP.
                                Registrant





Dated:  May 14, 2001          /s/ Dennis Sunshine
                                   Dennis Sunshine, President, Chief
                                        Executive officer and Director



Dated:  May 14, 2001          /s/ Mitchell Binder
                                   Mitchell Binder, Vice President-
                                   Finance, Chief Financial Officer
                                   and Director