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Elbit Systems — Regulatory Filings 2005
Mar 10, 2005
6762_rns_2005-03-10_996f64c4-9b49-4b7e-bcb2-9d2cd67f58fb.pdf
Regulatory Filings
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Elbit Systems Ltd.
Stoppage of Tender Process for Helicopter Upgrade in Bulgaria
Haifa, Israel, March 10, 2005 - Elbit Systems Ltd. (the "Company"), (Nasdaq NM:ESLT), reported that it received today notification from the Bulgarian Ministry of Defense announcing the stoppage of the tender process for the Mi-17 and Mi-24 helicopter program. This follows the Company's announcement on December 21, 2004 that the team led by the Company and Lockheed Martin was selected as the preferred bidder for the program.
The Company is exploring with the Bulgarian Ministry of Defense the implication of the announcement and the possibility of resumption of the negotiations.
The program has not been included in the Company's backlog of orders.
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.
For more about Elbit Systems, please visit our website at www.elbitsystems.com
Contacts
| Company contact | IR Contacts |
|---|---|
| Ilan Pacholder, Corporate Secretary and VP Finance & Capital Markets | Ehud Helft/Kenny Green |
| Elbit Systems Ltd | Gelbart Kahana |
| Tel: 972-4 831-6632 | Tel: 1-866-704-6710 |
| Fax: 972-4 831-6659 | Fax: 972-3-607-4711 |
| [email protected] | [email protected] |
| kenny@ gk-biz.com |
STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.