Elbit Systems

Foreign Filer Report • May 15, 2007

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C001����� ������ ��"�2PublicELBIT SYSTEMS LTD.5959Corporation no: 520043027Stock Exchange/Market: ����� ������72379P.O.B 539 , Haifa 31053 , ,Tel: 04-8315315 , 04-8316632 Fax: 04-8316659E.mail address: SHOSHIS@ELBIT.CO.ILDate of transmission: 15/05/2007              Time of broadcast: 09:27 09:22:40

Reference: 2007-02-390323

Israel Securities Authority		Tel Aviv Stock Exchange
www.isa.gov.il		www.tase.co.il

Report of Periodic or Interim ReportRegulation 3 of the Securities Regulations, (Periodic and Immediate Reports of Foreign Corporation) 5761-2000

The corporation is a foreign private issuer as defined by U.S. Securities Laws.
Attached hereto is a report on
Elbit Systems Ltd. financial report and managment report for the first quarter 2007
un3850_isa.pdf

Attached hereto is Elbit Systems Ltd's consolidated unadited financial statements and management report for the first quarter ended March 31, 2007, which will be filed with the Securities and Exchange Commission
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous names of reporting entity:
Date of revision of form structure: 28/02/2007
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Name of the Signatory: : Baram Yaniv , , Position of Signatory in the reporting corporation: Adv., Corporate Secretary
Advanced Technology Centr Telephone: 04-8317430 , Facsimile: 04-8316659 , E-mail: baramy@elbit.co.il