Elbit Systems

Foreign Filer Report • May 16, 2006

C001	����� ������ ��"�		2
Public	ELBIT SYSTEMS LTD.
	2902	Corporation no: 520043027
	Stock Exchange/Market: ����� ������
	72
	379	P.O.B 539 , Haifa 31053 , ,
	Tel: 04-8315315 , 04-8316632 Fax: 04-8316659
	E.mail address: SHOSHIS@ELBIT.CO.IL	Date of transmission: 16/05/2006
		Time of broadcast: 09:14 09:09:23
		Reference: 2006-02-060543

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 management report for the first quarter 2006
un3658_isa.pdf

Attached hereto is Elbit Systems Ltd's consolidated unadited financial statements and management report for the first quarter ended March 31, 2006, 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: 30/03/2006
- - -
Name of the Signatory : Pacholder Ilan , , Position of Signatory in the reporting corporation: Corporate Secretary
P.O.B Telephone: 04-8316319 , Facsimile: 04-8316659 , E-mail: pacholder@elbit.co.il