An Achievement for Elbit Systems in the Observation Systems Field in Brazil: Elbit Systems Brazilian Subsidiary to Supply

 An Achievement for Elbit Systems in the Observation Systems Field in Brazil:
Elbit Systems Brazilian Subsidiary to Supply Electro-optic Observation Systems
 to Savis Tecnologia e Sistemas, for the Brazilian Border Protection Program
                                  "Sisfron"

The initial contract is a part of a pilot program for the much larger overall
Sisfron project

PR Newswire

HAIFA, Israel, April 29, 2013

HAIFA, Israel, April 29, 2013 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ andTASE: ESLT) ("Elbit Systems") announced today
that AEL International Ltd., a subsidiary of AEL Sistemas S.A., which is a
Brazilian subsidiary of Elbit Systems, was awarded a contract to supply
electro-optic observation systems to Savis Tecnologia e Sistemas S.A, a
subsidiary of Embraer Defesa & Segurança S.A., wholly-owned by Embraer S.A.
(NYSE: ERJ; BM&FBOVESPA: BR3). The contract value is in an amount that is not
material to Elbit Systems.

The electro-optic systems will be supplied within a year, starting in 2014, as
part of the first phase of the Brazilian multi-year "Sisfron" Integrated
Border Monitoring System.

In addition, as part of the program, Elbit Systems will be making investments
in Brazil in terms of assets, infrastructure and know-how in optronics.

Mr. Bezhalel (Butzi) Machlis, Elbit Systems' President and CEO, commented: "We
see great importance in this award, marking a breakthrough for our
electro-optic activities in Brazil, which is a significant market for Elbit
Systems. Sisfron is a global leading and very unique border security project,
and we are very proud to be involved in it. This is yet an additional
opportunity for our Brazilian companies to provide our advanced technologies,
this time in the field of observation, in Brazil, a country that values
unique, cutting edge technology in every field of operation."

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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