Elbit Systems Ltd - Report of Foreign Issuer (6-K)
March 05 2008 - 9:36AM
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 March 2008
_______________________
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
March 4
,
2008.
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/ Ronit
Zmiri
Name: Ronit Zmiri
Title: Corporate Secretary
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Dated: March 4,
2008
EXHIBIT INDEX
Exhibit No.
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Description
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1.
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Press Release
dated
March 4
, 2008.
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Exhibit 1
Largest
ever contract for Cyclone, an Elbit Systems subsidiary:
Elbit Systems’ Subsidiary, Cyclone, Will Supply Spirit
AeroSystems With Commercial Aircraft Parts Valued at $160 Million
Haifa, Israel, March 4,
2008 –
Elbit Systems Ltd.
(NASDAQ:ESLT) announced that its subsidiary, Cyclone
Aviation Products Ltd. (Cyclone), was awarded a contract by
Spirit AeroSystems
to
supply doors for commercial aircraft. The contract, valued at approximately $160 million,
is Cyclone's largest contract ever, with deliveries scheduled between 2009 and 2016.
Yoram Shmuely,
Co-General Manager of Elbit Systems’ Airborne Division said: "The fact that we have
been selected, again, by Spirit AeroSystems is a testament to the customer's satisfaction
and constitutes an additional milestone in positioning Cyclone as a major supplier to
leading aerospace companies worldwide."
Joseph Ackerman,
President and CEO of Elbit Systems said: "This important contract win reflects the
recognition and trust that Cyclone in particular, and Elbit Systems in general, has
established among major global aviation companies. Elbit Systems sees the commercial
aviation market as a significant growth engine since it interfaces with a broad spectrum of
our activities. Therefore, in addition to the significance we attribute to this contract
win for Cyclone, we also view it as an important step in substantiating Elbit Systems'
leadership in the fast-growing area of advanced avionics systems applied in the commercial
aviation industry."
About Cyclone
Aviation Products and Servises Ltd.
Cyclone Aviation
Products and Services Ltd., located in Karmiel, Israel, is a wholly-owned subsidiary of
Elbit Systems Ltd. Cyclone’s core business is manufacturing and maintenance of
aircraft structures as well as engineering, manufacture, repair and upgrade of aircraft,
UAVs and helicopters. Cyclone manufactures both metal and composite structural assemblies
for UAVs, military aircraft such as the F-15, F-16 and F-18, and commercial aircraft such
as Boeing’s 737, 747, 767 and the new “Dreamliner” 787. Cyclone also
operates the Israel Air Force’s (IAF) aviation schools with Grob G-120A (Snunit)
aircraft and B-206 (Saifan) helicopters. Cyclone’s customer base includes the IAF,
the U.S. Air Force, the U.S. Army and the U.S. Navy, as well as several major aviation
companies, such as Boeing, Lockheed Martin, Sikorsky and Spirit AeroSystems.
About Elbit Systems
Ltd.:
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.
Company Contact:
|
IR Contact:
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Joseph Gaspar, Corporate VP & CFO
Dalia Rosen, Director of Corporate Communications
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Ehud Helft / Kenny Green
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Elbit Systems Ltd.
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G.K. Investor Relations
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Tel: +972-4-8316663
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Tel: 1-646-201-0246
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Fax: +972-4-8316944
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Fax: + 972-3-6074711
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E-mail:
gspr@elbit.co.il
daliarosen@elbit.co.il
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E-mail:
info@gkir.com
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This
press release contains or may contain forward-looking statements, including statements
regarding the future performance of our operations and our business strategies and
commitments. For these statements and all other forward-looking statements, Elbit Systems
Ltd. claims the protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995. Forward-looking statements are
inherently subject to risks and uncertainties, many of which cannot be predicted with
accuracy or are otherwise beyond our control and some of which might not even be
anticipated. Future events and actual results, affecting our strategic plan as well as our
financial position, results of operations and cash flow, could differ materially from those
described in or contemplated by the forward-looking statements. Important factors that
contribute to such risks include, but are not limited to, governmental regulations and
approvals, changes in governmental budgeting priorities, and general market, political and
economic conditions in the countries in which the Elbit Systems Group operates or
sells, including the United States.
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