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 January 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-______________

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     Attached hereto as Exhibit 1 and incorporated herein by reference is the Registrant’s press release dated January 20, 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.

 

ELBIT SYSTEMS LTD. (Registrant) By:        /s/  Yaniv Baram                       Name:  Yaniv Baram Title:     Corporate Secretary

Dated: January 22, 2008

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EXHIBIT INDEX

Exhibit No.	Description
1.	Press Release dated January 20, 2008.

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Exhibit 1

 

 

 

 

ELBIT SYSTEMS AWARDED $40 MILLION IN SEVERAL CONTRACTS FOR THE SUPPLY OF THERMAL IMAGING SYSTEMS

 

Haifa, Israel, January 20, 2008 - Elbit Systems Ltd. (NASDAQ:ESLT) announced that it’s subsidiary, Elbit Systems Electro-Optics Elop Ltd. (Elop), recently has been awarded contracts valued at a total of approximately $40 million from several customers for the supply of its CORAL and CORAL-CRhand-held lightweight Thermal Imaging cameras.

 

The projects covered under the new contracts include applications for infantry, scouts and special units, night sight and target acquisition, security and perimeter defense and target acquisition for infantry commanders. Elop foresees substantial potential for follow-on orders.

 

The systems are members of the industry-leading CORAL family, already in service around the globe. CORAL is a dual FOV Thermal Imaging camera, based on Elop’s advanced, proven 3-5(m FPA InSb detector technology, already utilized in many of Elop’s other Thermal Imaging products. It produces a thermal image of outstanding quality based on Elop’s unique image processing circuitry and software algorithms implemented in the system. CORAL-CR is a hand-held Thermal Imaging system that includes target acquisition capabilities in order to identify self positioning and detected target position. These capabilities are achieved by a laser range finder, a digital compass and a GPS which are mounted and boresighted together with the FLIR. The CORAL-CR has a 1:5 continuous optical zoom, high resolution, 3-5(m FPA InSb detector and advanced algorithms.

 

According to Elbit Systems Electro-Optics Elop General Manager, Haim Rousso: “Building on previous sales, this latest string of orders continues our momentum as a major force in the field of Thermal Imaging. The CORAL hand-held systems deliver significant added value to our customers, providing outstanding performance and covering the full spectrum of military and homeland security applications. “

 

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About Elbit Systems  

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.

 

Contacts:

 

 

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 COMPANIES IN THE ELBIT SYSTEMS GROUP, 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 ELBIT SYSTEMS GROUP 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. ELBIT SYSTEMS DOES NOT UNDERTAKE TO UPDATE ITS FORWARD-LOOKING STATEMENTS.