SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
February 4, 2000
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ORBIT INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)
Delaware 0-3936 11-1826363
(State or other jurisdiction incorporation) (Commission File Number) (IRS Employer
Identification No.)
80 Cabot Court, Hauppauge, New York 11788
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (631)435-8300
(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountants.
Items 304(a)(1)(i) and (iii) and Item 304(a)(2) Decision to Change
Accountants
On February 4, 2000, the Board of Directors of Orbit International Corp.
(the "Registrant")
determined to replace the firm of Ernst & Young, LLP ("E&Y") as its
independent auditors and
approved the engagement of Goldstein Golub Kessler LLP ("GGK") as its
independent auditors for
the fiscal year ended December 31, 1999. The termination by the Registrant of
E&Y was effective
February 4, 2000 and the engagement of GGK was effective February 7, 2000.
During the two
most recent fiscal years and the subsequent interim period through February 4,
2000, the Registrant
has not consulted with GGK regarding any matter referenced under Item
304(a)(2) of Regulation
S-K.
Item 304(a)(1)(ii) Prior Accountants Reports
The reports of E&Y, as previously issued, on the consolidated financial
statements for the
Registrant's two most recent fiscal years did not contain an adverse opinion
or a disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope, or
accounting principles.
Item 304(a)(1)(iv) Disagreements with Accountants
During the two most recent fiscal years and the subsequent interim period
through February
4, 2000, there were no disagreements with E&Y on any matter of accounting
principles or practices,
financial statement disclosure, or auditing scope or procedures, which
disagreements, if not resolved
to E&Y's satisfaction, would have caused them to make reference in connection
with their report
to the subject matter of the disagreement.
Item 304(a)(1)(v) Reportable Events
During the two most recent fiscal years and the subsequent interim period
through February
4, 2000, the Registrant has not been advised by E&Y of any of the reportable
events listed in Item
304(a)(1)(v)(A) through (D) of Regulation S-K.
Item 304(a)(3) Letter of E&Y.
The Registrant has provided E&Y with a copy of the disclosure set forth
in this Current
Report on Form 8-K prior to the filing hereof. The Registrant has requested
that E&Y furnish it
with a letter addressed to the Securities and Exchange Commission, which is
attached as Exhibit 16,
stating that E&Y agrees with the statements herein, and if not, stating the
respects in which it does
not agree.
Item 7. Financial Statements and Exhibits
The Registrant has provided E&Y with a copy of the disclosure set forth
in this Current
Report on Form 8-K prior to the filing hereof. The Registrant has requested
that E&Y furnish it
with a letter addressed to the Securities and Exchange Commission, which is
attached as Exhibit 16,
stating that E&Y agrees with the statements herein, and if not, stating the
respects in which it does
not agree.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the
Registrant had duly caused this report to be signed by the undersigned
hereunto duly authorized.
Orbit International Corp.
By: /s/ Mitchell Binder
Mitchell Binder
Vice President - Finance
Dated: February 11, 2000
EXHIBITS
Exhibit No. Description Page No.
16 Letter from
Ernst & Young, LLP 6
EXHIBIT 16
ERNST & YOUNG, LLP
787 Seventh Avenue
New York, New York 10019
February 11, 2000
Securities and Exchange Commission
Washington, D.C. 20549
Re: Orbit International Corp.
Ladies and Gentlemen:
We have read Item 4 of the report on Form 8-K dated February 11, 2000
filed by Orbit
International Corp. and we are in agreement with the statements contained
under the captions
described as Items 304(a)(1)(ii), 304(a)(1)(iv) and 304(a)(1)(v).
Very truly yours,
/s/ Ernst & Young, LLP
