Elbit Systems — Regulatory Filings 2005

Nov 8, 2005

ELSI SYSTEMS Ltd.

Elbit Systems to Deliver Skylark mini-UAVs to the Australian Ground Forces Command

Short Delivery Time will Enable Rapid Deployment by the Australian Forces

Elbit Systems, Haifa, 5 November 2005 - Elbit Systems Ltd. (NASDAQ:ESLT) reported today that its Skylark mini-UAV has been selected for rapid deployment by the Australian Army. Elbit Systems will deliver 6 systems to the Australian Ground Forces.

The Skylark system includes 3 Air Vehicles, a Ground Control Station and the day and night payloads. The system is carried in two back packs and operated in mission by two soldiers. The 4.5 Kg Air Vehicle is exceptionally quiet due to its unique electric propulsion and provides 1.5 hour of autonomous flight, with advanced modes. The Skylark has gimbaled and stabilized payloads for day and night observation. It enables continuous data collection "over the next hill" up to distances of 10 km. The miniaturized Ground Control Station features enhanced capabilities which draw from the Hermes family heritage.

Last year Elbit Systems was selected by the Israeli Ministry of Defense to supply Skylark mini-UAV systems for the IDF Ground Forces Command. The Skylark systems are delivered to the IDF and are currently in operation. Elbit has already sold the Skylark system to several countries worldwide.

Elbit's ability to offer a short delivery time will enable the Australian forces to rapidly deploy the Skylark UAV systems.

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ELB

CEO of Elbit Systems UAVs Division, Haim Kellerman, said: "We are proud that the Australian defense forces have chosen Elbit's Skylark UAVs.

Elbit systems various UAVs have already been chosen by the world's leading armed forces, and the current deployment further positions Elbit Systems as a worldwide leader in the UAV market."

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world, in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies. The company focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.

Contacts

Company contact

Ilan Pacholder, Corporate Secretary and VP Finance & Capital Markets

Elbit Systems Ltd.

Tel: 972-4 831-6632

Fax: 972-4 831-6659

pacholder@elbit.co.il

IR Contacts

Ehud Helft/Kenny Green

GK International

Tel: 1-866-704-6710

Fax: 972-3-607-4711

ehud@gk-biz.com

kenny@gk-biz.com

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