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 2005

                             -----------------------

                               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 November 1, 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
                                                --------------------------------
                                            Name:  Ilan Pacholder
                                            Title: Corporate Secretary

Dated:  November 2, 2005





                                  EXHIBIT INDEX

    EXHIBIT NO.     DESCRIPTION

    1.              Press release dated November 1, 2005.




                                                                       EXHIBIT 1


                                                    [LOGO OF ELBIT SYSTEMS LTD.]

               ELBIT SYSTEMS JOINT VENTURE WITH ROCKWELL COLLINS,
                  VSI, AWARDED JHMCS CONTRACTS VALUED AT MORE
                                THAN $100 MILLION

Elbit  Systems,  Haifa,  1  November  2005 - Elbit  Systems  Ltd.  (NASDAQ:ESLT)
reported  today that its U.S.  subsidiary,  Vision  Systems  International,  LLC
(VSI), a leader in advanced Helmet Mounted Display (HMD)  technology,  announced
the receipt of several new contracts with a total  potential  value of more than
$100 million.

The Boeing  Company  awarded  VSI a contract  for the  delivery of more than 500
additional Joint Helmet Mounted Cueing Systems (JHMCS). VSI also received direct
contracts  from  the  United  States  Navy and Air  Force  for  spares  and test
equipment in support of the JHMCS program.

Under the production contract, VSI will provide JHMCS systems, including spares,
technical  support and support  equipment  for the Full Rate  Production - Lot 2
(FRP-2)   acquisition.   This  procurement   fills  U.S.   government   domestic
requirements  for the USAF F-15 and F-16,  ANG F-15,  USN F/A-18 Single Seat and
Dual Seat  platforms as well as foreign  military  sales  production  and spares
commitments.

 The JHMCS provides the pilot with "first look,  first shot" high  off-boresight
weapons engagement capabilities.  The system enables the pilot to accurately cue
onboard  weapons and sensors  against  enemy  aircraft and ground  targets while
performing high-G aircraft maneuvers.  Critical information and symbology,  such
as targeting cues and aircraft performance parameters, are graphically displayed
directly on the pilot's visor.

VSI was  established  in 1996 as a joint  venture  between  EFW  Inc.,  an Elbit
Systems of America company and a subsidiary of Elbit Systems Ltd (NASDQ:  ESLT),
and Rockwell Collins (NYSE: COL) to develop,  manufacture and support fixed wing
HMDs worldwide.  With a heritage of more than 35 years of design and development
experience in display  systems,  VSI today is the leading supplier of fixed wing
HMDs.





In addition to the JHMCS, VSI is in development of the advanced HMD for the F-35
(JSF),  in  development of the QuadEye Night Vision Cueing system (NVCD) for the
US Navy and in production  on the DASH (Display and Sight Helmet)  Generation IV
HMD under multiple contracts to Lockheed Martin.

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
--------

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.