Elbit Systems — Earnings Release 2008

May 20, 2008

_________ false

C002����� ������ ��"�2PublicELBIT SYSTEMS LTD.6962Corporation no: 520043027Stock Exchange/Market: ����� ������72380P.O.B 539 , Haifa 31053 , ,Tel: 04-8315315 , 04-8316632 Fax: 04-8316659E.mail address: SHOSHIS@ELBIT.CO.ILDate of transmission: 20/05/2008              Time of broadcast: 09:06 09:04:03

Reference: 2008-02-138993

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
un3994_isa.pdf

Attached hereto is a press release regarding Elbit Systems Ltd. financial results for the first quarter ended March 31, 2008, including tables, which will be filed as a 6-K form with the Securities and Exchange Commission. Subject: ELBIT SYSTEMS REPORTS RECORD FIRST QUARTER 2008 RESULTS Record Backlog of Order over $4.9 Billion;Revenues Increased by 52.6% YoY to $616.1 Million;Net Profit Increased by 68.3% YoY to $32.2 Million;
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: 30/04/2008
- - -
Name of the Signatory: : Zmiri Ronit , Position of Signatory in the reporting corporation: Adv., Corporate Secretary , Name of Employer Company: .
Advanced Technology Cente Telephone: 04-8318742 , Facsimile: 04-8316659 , E-mail: DP24710@elbitsystems.com 2