Elbit Systems

Foreign Filer Report • May 17, 2005

C002	����� ������ ��"�		2
Public	ELBIT SYSTEMS LTD.
	2902	Corporation no: 520043027
	Stock Exchange/Market: ����� ������
	72
	380	P.O.B 539 , Haifa 31053 , ,
	Tel: 04-8315315 , 04-8316632 Fax: 04-8316659
	E.mail address: SHOSHIS@ELBIT.CO.IL	Date of transmission: 17/05/2005
		Time of broadcast: 07:54 07:47:28
		Reference: 2005-02-026646

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

Immediate ReportRegulation 4 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 Immediate Report
Financial_Results_Q1_2005_isa.pdf

Attached hereto is a press release regarding Elbit Systems Ltd. financial results for the first quarter ended March 31, 2005, including tables, which will be filed as a 6-K form with the Securities and Exchange Commission
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous name of reporting entity:
Date of revision of form structure: 18/04/2005
- - -
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