Haifa, Israel, March 15, 2010 — Elbit Sys­tems Ltd. (NASDAQ: ESLT) announced today that it was award­ed a con­tract from the Depart­ment of Defence of the Com­mon­wealth of Aus­tralia in the amount of approx­i­mate­ly $298 mil­lion U.S. dol­lars (approx­i­mate­ly $ 331 mil­lion Aus­tralian dol­lars) for the sup­ply, inte­gra­tion, instal­la­tion and sup­port of a Bat­tle Group and Below Com­mand, Con­trol and Com­mu­ni­ca­tions (BGC3) sys­tem for the Aus­tralian Army’s Land 75/125 pro­gram. The BGC3 com­pris­es a Bat­tle Man­age­ment Sys­tem (BMS) for sol­diers, Vehi­cle Mount­ed Com­man­ders and Headquarters/Command Post Staff.

This project, to be per­formed over the next three years, will enable the Aus­tralian Army to achieve a major por­tion of its defence net­work cen­tric war­fare mile­stone of a net­worked brigade with cut­ting edge tech­nol­o­gy in bat­tle man­age­ment and com­mu­ni­ca­tions sys­tems.

The capa­bil­i­ty will increase the commander’s bat­tle­space aware­ness, auto­mate com­bat mes­sag­ing and assist in the exe­cu­tion of oper­a­tions. Impor­tant­ly, this capa­bil­i­ty will sig­nif­i­cant­ly reduce the risk of casu­al­ties result­ing from friend­ly fire. This high pri­or­i­ty acqui­si­tion will assure improved pro­tec­tion and coor­di­na­tion for Aus­tralian Defence Forces per­son­nel, allow­ing mis­sions to be car­ried out more effi­cient­ly, safe­ly and effec­tive­ly.

Elbit Sys­tems, a lead­ing sup­pli­er of tac­ti­cal Bat­tle Man­age­ment Sys­tems, has been select­ed by the Aus­tralian Depart­ment of Defence fol­low­ing a world-wide com­pet­i­tive open ten­der.

Joseph Ack­er­man, Pres­i­dent and CEO of Elbit Sys­tems, com­ment­ed: “Aus­tralia is a very impor­tant mar­ket for Elbit Sys­tems, and we are extreme­ly proud to be select­ed by the Depart­ment of Defence for this major pro­gram, one of the largest and most pres­ti­gious BMS pro­grams in the world. The selec­tion of our sys­tems by the Aus­tralian Army, con­sid­ered among the world’s most advanced and mod­ern fight­ing forces, reflects the qual­i­ty and matu­ri­ty of our sys­tems, result­ing from the fact they are cur­rent­ly in oper­a­tional use by more than 20 armed forces world­wide”.

About Elbit Sys­tems
Elbit Sys­tems Ltd. is an inter­na­tion­al defense elec­tron­ics com­pa­ny engaged in a wide range of pro­grams through­out the world. The Com­pa­ny, which includes Elbit Sys­tems and its sub­sidiaries, oper­ates in the areas of aero­space, land and naval sys­tems, com­mand, con­trol, com­mu­ni­ca­tions, com­put­ers, intel­li­gence sur­veil­lance and recon­nais­sance (“C4ISR”), unmanned air­craft sys­tems (“UAS”), advanced elec­tro-optics, elec­tro-optic space sys­tems, EW suites, air­borne warn­ing sys­tems, ELINT sys­tems, data links and mil­i­tary com­mu­ni­ca­tions sys­tems and radios. The Com­pa­ny also focus­es on the upgrad­ing of exist­ing mil­i­tary plat­forms, devel­op­ing new tech­nolo­gies for defense, home­land secu­ri­ty and com­mer­cial avi­a­tion appli­ca­tions and pro­vid­ing a range of sup­port ser­vices. For addi­tion­al infor­ma­tion, vis­it:

Elbit Sys­tems Ltd
Joseph Gas­par, Exec­u­tive VP & CFO
Dalia Rosen, VP & Head of Cor­po­rate Com­mu­ni­ca­tions
Elbit Sys­tems Ltd
Tel: +972–4‑8316663
Fax: +972–4‑8316944

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 its sub­sidiaries (col­lec­tive­ly the Com­pa­ny), 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 Com­pa­ny 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. The Com­pa­ny does not under­take to update its for­ward-look­ing state­ments.