Elbit Systems Ltd (Other) (6-K)
November 13 2007 - 9:44AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of
November
2007
_______________________
Commission File Number
000-28998
ELBIT SYSTEMS LTD.
(Translation of Registrant’s Name into
English)
Advanced Technology Center, P.O.B. 539, Haifa 31053, Israel
(Address of Principal Corporate Offices)
Indicate by check mark
whether the registrant files or will file annual reports under cover of Form 20-F or Form
40-F:
x
Form
20-F
o
Form 40-F
Indicate by check mark if
the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(1):
o
Note
: Regulation S-T Rule
101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide
an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
o
Note
: Regulation S-T Rule
101(b)(7) only permits the submission in paper of a Form 6-K submitted to furnish a report
or other document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant’s “home country”), or under the rules
of the home country exchange on which the registrant’s securities are traded, as long
as the report or other document is not a press release, is not required to be and has not
been distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission filing on
EDGAR.
Indicate by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934:
o
Yes
x
No
If “Yes” is
marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): 82-______________
Attached hereto as Exhibit 1 and
incorporated herein by reference
is
the
Registrant’s
press release
dated
November 7, 2007.
SIGNATURE
Pursuant to the requirements of
the Securities Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
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ELBIT SYSTEMS
LTD.
(Registrant)
By:
/s/ Yaniv
Baram
Name: Yaniv Baram
Title: Corporate Secretary
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Dated: November 7, 2007
EXHIBIT INDEX
Exhibit No.
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Description
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1.
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Press Release dated
November 7, 2007.
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Exhibit 1
Verdict Against U.S. Subsidiary
of
Elbit
Systems
Haifa, Israel, November
7,
2007 – Elbit Systems Ltd.
(NASDAQ: ESLT)
(the
“Company”) announced that
on November 6, 2007, a jury verdict was
rendered in a trial in the U.S. against several defendants, including Kollsman, Inc.
(“Kollsman”), a wholly-owned
U.S. subsidiary of the Company. The
trial involved primarily
misappropriation of trade
secrets
relating to two models
of a commercial
air
data computer.
The jury’s verdict awarded
damages against
all of the
defendants, including an award against Kollsman. The verdict also allows
for
the possibility of the court’s
imposition of exemplary
damages
and other costs
against any or all of the defendants
based on willful conduct. Kollsman is evaluating the options available to it in light of
the jury verdict
and
believes
it has bases to appeal the verdict and
to object to the imposition of any exemplary
damages
or other costs. The Company will
reflect the
impact of the verdict on
its third quarter 2007 results, and
such impact will not have a material adverse impact on such results.
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"), unmanned
air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites,
airborne warning systems, ELINT systems, data links and military communications systems and
radios. The Group also focuses on the upgrading of existing military platforms and
developing new technologies for defense,
homeland security
and commercial aviation applications.
Contacts:
Company
Contact
:
Joseph Gaspar, Corporate VP
& CFO
Dalia Rosen, Director of
Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail:
gspr@elbit.co.il
daliarosen@elbit.co.il
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IR
Contact
:
Ehud Helft / Kenny
Green
G.K. Investor
Relations
Tel:
1-646-201-9246
Fax:
+
972-3-607–4711
E-mail:
info@gkir.com
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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 COMPANIES IN THE ELBIT SYSTEMS GROUP, 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 ELBIT SYSTEMS GROUP 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. ELBIT
SYSTEMS DOES NOT UNDERTAKE TO UPDATE ITS FORWARD-LOOKING STATEMENTS.
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