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Elbit Systems Subsidiary in the U.S., Awarded Approximately $50 Million Contract by BAE Systems to Provide Logistics Support

   Elbit Systems Subsidiary in the U.S., Awarded Approximately $50 Million
Contract by BAE Systems to Provide Logistics Support Under United States Navy
                          Aircraft Training Program

PR Newswire

HAIFA, Israel, March 5, 2013

HAIFA, Israel, March 5, 2013 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ andTASE: ESLT) ("Elbit Systems") announced today
that M7 Aerospace LLC, ("M7"), a wholly-owned subsidiary of Elbit Systems of
America, LLC ("ESA"), will be working with BAE Systems to provide logistics
support (CLS) for the T-34, T-44, and T-6 aircraft under a contract awarded to
BAE Systems by the Naval Air Systems Command (NAVAIR). Under its NAVAIR
contract, BAE Systems awarded M7 a subcontract of approximately $50 million to
be performed over a five-year period.

"We are pleased to team with BAE Systems for this opportunity and to serve the
United States Chief of Naval Air Training", commented Raanan Horowitz,
President and CEO of ESA. "At ESA, our mission is to develop innovative
solutions that protect and save out warfighters' lives. With this opportunity
we are providing mission capable, safe-for-flight aircraft for our nation's
warriors as they train for the future." 

About Elbit Systems

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

For additional information, visit: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd.
and/or its subsidiaries (collectively the Company), to the extent such
statements do not relate to historical or current fact. Forward Looking
Statements are based on management's expectations, estimates, projections and
assumptions. Forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, as
amended. These statements are not guarantees of future performance and
involve certain risks and uncertainties, which are difficult to predict.
Therefore, actual future results, performance and trends may differ
materially from these forward-looking statements due to a variety of factors,
including, without limitation: scope and length of customer contracts;
governmental regulations and approvals; changes in governmental budgeting
priorities; general market, political and economic conditions in the countries
in which the Company operates or sells, including Israel and the United States
among others; differences in anticipated and actual program performance,
including the ability to perform under long-term fixed-price contracts; and
the outcome of legal and/or regulatory proceedings. The factors listed above
are not all-inclusive, and further information is contained in Elbit Systems
Ltd.'s latest annual report on Form 20-F, which is on file with the U.S.
Securities and Exchange Commission. All forward-looking statements speak only
as of the date of this release. The Company does not undertake to update its
forward-looking statements.

Contacts:

Company Contact:  

Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com
Dalia Rosen, VP, Head of Corporate Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.

IR Contact:

Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
elbitsystems@ccgisrael.com

SOURCE Elbit Systems Ltd
 
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