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Elbit Systems Regulatory Filings 2006

Jan 2, 2006

6762_rns_2006-01-02_e313b4a0-c95d-4672-beb6-6ac798220855.pdf

Regulatory Filings

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ELSIS SYSTEMS Ltd.

Elbit Systems' Subsidiary, Elisra Electronic Systems, Awarded a Contract Valued at Approximately $80 Million

Haifa, Israel, January 2, 2006 – Elbit Systems Ltd. (NASDAQ:ESLT) reported today that its 70%-owned subsidiary, Elisra Electronic Systems Ltd., completed the contract finalization process for a contract valued at approximately $80M to supply full Electronic Warfare (EW) suites for fighter aircrafts to an international customer.

The contract will be performed over a three-year period.

About the Elisra Group

The Elisra Electronic Systems Group comprises of Elisra Electronic Systems Ltd., Tadiran Electronic Systems Ltd. and Tadiran Spectralink Ltd. The Group designs, develops, manufactures, integrates and supports advanced system solutions for air, sea and land deployment in over 25 countries. The Group's main products include: New Generation Complete, Integrated Self-Protection Suites including Passive IR Missile Warning for Fighters, Helicopters, Transport Aircraft and MPA; EW Payloads with Radar Warning Receivers, Laser Warning System, Passive IR Missile Warning System, Chaff and Flare Dispensing System, COMJAM/ESM/ELINT, as well as Integrated EW System with C$^4$I, COMINT DF/ ELINT/ECM; Full C$^4$I Solutions - All Battlefield Command Chains, Via IP Technology; Battlefield Management and Control; Theater Missile Defense including Test Bed; Artillery C$^4$I; Advanced Search and Rescue Systems; Data Links for UAVs & Guided Weapons. The Elisra Group is a 70% Subsidiary of Elbit Systems.


elbit systems Ltd.

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

[email protected]

IR Contacts

EhudHelft/Kenny Green

GK International

Tel: 1-866-704-6710

Fax: 972-3-607-4711

[email protected]

[email protected]

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.