Elbit Systems Awarded $163 Million Contract for the Supply of Defense Electronic Systems to a European Country

    Elbit Systems Awarded $163 Million Contract for the Supply of Defense
                   Electronic Systems to a European Country

PR Newswire

HAIFA, Israel, March 30, 2014

HAIFA, Israel, March 30, 2014 /PRNewswire/ --Elbit Systems Ltd. (NASDAQ and
TASE: ESLT) ("Elbit Systems") announced today  that  it was awarded an
approximately $163 million contract from a European country for the supply of
defense electronic systems for  ground applications. The contract will be
performed over a three-year period.

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, signal
intelligence ("SIGINT") systems, data links and 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,
including training and simulation systems.

For additional information, visit: www.elbitsystems.com or follow us on
Twitter.

Contacts:

Company Contact:

                                                 IR Contact:

Joseph Gaspar, Executive VP & CFO                 

Tel: +972-4-8316663                              Ehud Helft

j.gaspar@elbitsystems.com                         Kenny Green

Dalia Rosen, VP, Head of Corporate Communications GK Investor Relations

Tel: +972-4-8316784                               Tel: 1-646-201-9246

dalia.rosen@elbitsystems.com                      elbitsystems@gkir.com

Elbit Systems Ltd.

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.

Elbit Systems Ltd. , its logo, brand, product, service, and process names
appearing in this Press Release are the trademarks or service marks of Elbit
Systems Ltd. or its affiliated companies. All other brand, product, service,
and process names appearing are the trademarks of their respective holders.
Reference to or use of a product, service, or process other than those of
Elbit Systems Ltd. does not imply recommendation, approval, affiliation, or
sponsorship of that product, service, or process by Elbit Systems Ltd. Nothing
contained herein shall be construed as conferring by implication, estoppel, or
otherwise any license or right under any patent, copyright, trademark, or
other intellectual property right of Elbit Systems Ltd. or any third party,
except as expressly granted herein.

SOURCE Elbit Systems Ltd.

Website: http://www.elbitsystems.com
 
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