Elbit Systems' Subsidiary, the Elisra Group, Awarded a Contract Valued at Approximately $65 Million to Supply Electronic Warfare Systems to a European Country

HAIFA, Israel, Sept. 17 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. announced that Tadiran Electronic Systems, a member of the Elisra Group, won a contract valued at approximately $65 million for the supply of electronic warfare systems to a European country. The systems will be supplied over the next two years to the tactical and strategic echelons of the country's armed forces.

Mr. Itzhak Beni, President and CEO of Tadiran Electronic Systems said:" The customer chose Tadiran Electronic Systems after extensive tests and out of numerous systems evaluated. The choice of Tadiran Electronic Systems is another testament to the company's technological leadership in this field." Mr. Beni added that he views this current win as a springboard to future business and the expansion of the company's activities in Europe to additional fields.

About the Elisra Group

The Elisra Group comprises 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, deployed in numerous countries worldwide. The Elisra Group's major products include: New Generation, Integrated Self-Protection Suites including Multi Spectral EW Payloads with Radar Warning Receivers, Laser Warning System, Passive IR Missile Warning System and Chaff and Flare Dispensing System for Fighters, Helicopters, Transport Aircraft and MPA; SIGINT Systems with C4ISTAR, COMINT DF/ ELINT/ECM; Full C4I Solutions - for all Battlefield Command Chains such as Battlefield Management and Control including Artillery C4I Systems; Theater Missile Defense including Test Bed; Advanced Search and Rescue Systems; and Data Links for UAVs & Guided Munitions.

The Elisra Group is a 70% subsidiary of Elbit Systems. 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.

Contacts Company contact IR Contacts Ilan Pacholder, Corporate Secretary and Ehud Helft/Kenny Green VP Finance & Capital Markets GK International Elbit Systems Ltd. Tel: [phone] Tel: [phone] Fax: [phone] Fax: [phone]

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