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 December 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 if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): |_|
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): |_|
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:
|_| 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 December 18, 2005.
SIGNATURE
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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: December 20, 2005
EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION
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1. Press release dated December 18, 2005.
EXHIBIT 1
[LOGO OF ELBIT SYSTEMS LTD.]
ELBIT SYSTEMS WILL SUPPLY THE KOREAN
AIR FORCE EO/IR LONG RANGE OBLIQUE
IMAGERY SYSTEMS VALUED AT
APPROXIMATELY $50M
Haifa, Israel, Dec. 18 , 2005 - Elbit Systems Ltd. (NASDAQ:ESLT) reported today
that its subsidiary, Elbit Systems Electro-Optics Elop Ltd. ("ELOP") has been
selected by the Korean Air Force to supply Real Time EO/IR Long Range Oblique
Imagery Systems for the ROKAF's F-16 Aircraft. The signed contract, valued at
approximately US$50M, is expected to become effective shortly, upon approval by
the Korean Ministry of Defense. The contract will be performed over a multi-year
period.
The selection of ELOP's EO/IR systems follows a competition in which ELOP was
selected after demonstrating its system's performance during flight and meeting
the requirements to the full satisfaction of the Korean Air Force.
ELOP's General Manager, Haim Rousso, said: "We are proud to be selected for such
an important and prestigious program that reinforces our strong relations with
the Korean Ministry of Defense. This selection establishes our position as a
leader in the area of oblique photography in particular, and in Imagery
Intelligence Systems in general, and it is testimony to our customers' trust in
the operational maturity and technological quality of our systems."
ELOP is a wholly owned subsidiary of Elbit Systems. It is one of the world's
leading companies in electro-optics systems and ISR (Intelligence, Surveillance
and Reconnaissance) systems, with advanced research and development capabilities
covering the spectrum from the R&D stage, through production, to integration of
complex systems.
ELOP's many projects are being used by the world's leading armed forces,
including the Israel Defense Forces, and ELOP's customers include
leading defense companies, such as Lockheed Martin, Boeing, Northrop Grumman,
Thales and others.
Last week it was announced that ELOP, together with its main subcontractor,
Thales UK Land and Joint Systems in Taunton, has been chosen to supply ELOP's
CoMPASS - advanced observation system - for the UK Watchkeeper UAV program.
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
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COMPANY CONTACT IR CONTACTS
Ilan Pacholder, Corporate Secretary and VP EhudHelft/Kenny Green
Finance & Capital Markets
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.