Elbit Systems

Foreign Filer Report • May 17, 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: 17/05/2006
		Time of broadcast: 16:42 16:24:10
		Reference: 2006-02-062091

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

Amended report for distorted report sent on date : 16/05/2006 , Whose reference number was: 2006-02-060543
The distortion: See explanation below
The distortion cause: typing error
The main amendment: Correction of the finacial reports - the operational profit is corrected from $20,487 to $20,847

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
_________
un3659_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