Elbit Systems Awarded a Contract to Supply Civil Avionics Systems

HAIFA, Israel, October 30 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ: ESLT) announced that it was awarded a contract to supply civil avionics systems. Elbit Systems anticipates that the long-term contract will generate revenues aggregating to a material amount over a period of approximately ten years.

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and equipment. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.

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.

    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 Investor Relations
    Tel: +1-866-704-6710
    Fax: +972-3-607-4711
    ehud@gk-biz.com
    kenny@gk-biz.com