ESLT Elbit Systems Ltd

HAIFA, Israel, Sept. 10 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT) announced that Tadiran Spectralink Ltd. (Spectralink), a member of the Elisra Group, won a contract for the supply of the advanced PCR-434G/SV Personal Survival Radio (PSR) to the German Air Force. The current order, for approximately US$8 million, is anticipated to result in follow-on orders for additional quantities of the PSR, intended for other branches of the German military, plus a comprehensive Integrated Logistics Support package. Other European countries are expected to follow suit. The PCR-434G/SV was developed by Spectralink to meet the needs and requirements of the German Armed Forces and according to specifications established by the German Air Force. With its exclusive features, plus reduced weight and volume, this is the smartest and smallest PSR currently available in its class. Spectralink's President and CEO, Mr. Itzhak Beni, said that this order further strengthens Spectralink's already firm position as a prime supplier of PR/SAR systems to modern armed forces throughout the world. He stated that the company is in a position to offer customers in Europe and elsewhere, advanced combat and non-combat PR/SAR systems, enabling users to choose from among a large variety of models and configurations. One of the advantages of Spectralink's advanced PR/SAR technology, said Beni, is that "with our SDR (Software Defined Radio) technology we facilitate tailoring solutions to each customer's specific requirements." 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. 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. The Group also supplies SIGINT Systems with C4ISTAR, COMINT DF/ ELINT/ECM; Full C4I Solutions for all Battlefield Command Chains; Battlefield Management and Control Systems including Artillery C4I Systems; Theater Missile Defense including Test Bed; Advanced Search and Rescue Systems; and Data Links for UAV's and 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, in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies. The company focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications. 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 IR Contacts Ehud Helft/Kenny Green GK International Tel: 1-866-704-6710 Fax: 972-3-607-4711 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. DATASOURCE: Elbit Systems Ltd. CONTACT: Ilan Pacholder, Corporate Secretary and VP Finance & Capital Markets of Elbit Systems Ltd., +972-4-831-6632, Fax: +972-4-831-6659, ; IR - Ehud Helft, , or Kenny Green, , both of GK International, 1-866-704-6710, Fax: +972-3-607-4711

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