SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 January 2005
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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 |_| Form 40-F
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:
|_| Yes |X| No
Attached hereto as Exhibit 1 and incorporated herein by reference is
the Registrant's press release dated January 26, 2005.
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.
ELBIT SYSTEMS LTD.
(Registrant)
By: /s/ Ilan Pacholder
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Name: Ilan Pacholder
Title: Corporate Secretary
Dated: January 26, 2005
EXHIBIT INDEX
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Exhibit No. Description
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1. Press Release dated January 26, 2005.
EXHIBIT 1
ELBIT SYSTEMS' U.S. SUBSIDIARY'S "ENHANCED VISION SYSTEM" AWARDED NEW CONTRACT
BY GULFSTREAM ESTIMATED AT $20 MILLION
EVS To Be Installed On All Gulfstream Large Cabin Models
Haifa, Israel, January 26 2005 - Elbit Systems Ltd. (NasdaqNM: ESLT), announced
that its US subsidiary has been awarded a follow-on contract to supply Enhanced
Vision Systems (EVS) to Gulfstream for all their large cabin aircraft models.
The multi-year contract IS valued at approximately $20 million.
The EVS will be installed on the top of the line Gulfstream G450 and ultra long
range G550 as production standard items. The system will also be available as
optional equipment on the Gulfstream G300, G350, G400 and G500.
President and CEO of Elbit Systems Joseph Ackerman commented, "We are very
pleased with the continued development of the EVS as a leading system for
enhanced safety and improved performance of commercial aircraft and are happy
that Gulfstream has further endorsed our system by placing a multi-year order to
extend our partnership. This groundbreaking development has been made possible
thanks to the technological expertise of our team, and it is representative of
our group's technological capabilities."
All Weather Window(R) EVS, employs an advanced InfraRed (IR) sensor which
presents an image projected on any raster video capable Head Up Display and Head
Down Display, providing the pilot with a forward-looking picture overlaying the
outside view in a conformal manner. The system allows the pilot to clearly view
lights and ground features (such as runways, terrain, aircraft and buildings) at
night and in low visibility conditions. The EVS has few training requirements
and no database or infrastructure requirements. The pilots and their passengers
immediately benefit from lower landing minima, improved flight safety, and
increased situational awareness.
Serving 12 models of aircraft covering each of the top aircraft manufacturers in
the airline and business jet industry, the EVS has secured firm orders from
different customers for more than 700 systems.
The EVS won the 2003 Collier Award as a member of the Gulfstream G550 team,
welcomed the FAA's new EFVS rule and won the Frost & Sullivan 2004 Technology
Innovation Award.
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.
For more about Elbit Systems, please visit our website at www.elbitsystems.com
Contacts
Company contact IR Contacts
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Ilan Pacholder, Corporate Secretary Ehud Helft/Kenny Green
and VP Finance & Capital Markets
1. Elbit Systems Ltd. GK International
Tel: 972-4 831-6632 Tel: 1-866-704-6710
Fax: 972-4 831- 6659 Fax: 972-3-607-4711
pacholder@elbit.co.il ehud@gk-biz.com
kenny@gk-biz.com
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.