HAIFA, Israel, November 7 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ Global Select Market: ESLT) announced that its Skylark II UAV received Popular Science's "2006 Best of What's New" Award in the Aviation and Space category. The Skylark II is a newer and larger model and came following the achievements of the Skylark I, successfully operated by customers worldwide. The Skylark II expands on its predecessor with a wider range of 50 Kilometres, longer stay in the air and is operated by a crew of two people only. Joseph Ackerman, President and CEO of Elbit Systems said: "We are proud to be awarded the prestigious Popular Science "Best of What's New" award. The selection of our Skylark II UAV system by a leading technological magazine, attests to Elbit Systems' positioning as a ground breaking and innovative company in the field of UAV systems. "Best of What's New is the ultimate Popular Science accolade, representing a year's worth of work evaluating thousands of products," says Mark Jannot, editor of Popular Science. "These awards honor innovations that not only influence the way we live today, but that change the way we think about the future." About Best of What's New Each year, the editors of Popular Science review thousands of new products in search of the top 100 tech innovations of the year; breakthrough products and technologies that represent a significant leap in their categories. The winners - the Best of What's New - are awarded inclusion in the much-anticipated December issue of Popular Science, the most widely read issue of the year since the debut of Best of What's New in 1987. Best of What's New awards are presented to 100 new products and technologies in 10 categories: Automotive, Aviation & Space, Computing, Engineering, Gadgets, General Innovation, Home Entertainment, Home Tech, Personal Health and Recreation. About Popular Science Founded in 1872, Popular Science is the world's largest science and technology magazine; with a circulation of 1.45 million and 6.5 million monthly readers. Each month, Popular Science reports on the intersection of science and everyday life, with an eye toward what's new and why it matters. Popular Science is published by Time4 Media, a subsidiary of Time Inc., which is a wholly owned subsidiary of Time Warner Inc. 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. 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. 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 DATASOURCE: Elbit Systems Ltd CONTACT: Contacts: 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, ,

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