Elbit Systems Awarded Contracts to Supply Elop's Lightweight Thermal Imagers to the Canadian and Israeli Armed Forces

(Haifa, Israel, May 29, 2007) -- Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary Elbit Systems Electro-Optics Elop Ltd. ("Elop") has been awarded several contracts valued at a total of approximately $50 million to supply hand-held Thermal Imaging systems to the Canadian and Israeli armed forces as well as for additional customers worldwide.

"Elop's advanced hand-held Thermal Imaging systems are part of the CORAL family of products. They combine advanced capabilities and high performance with compactness and low energy consumption, providing a considerable advantage to infantry forces," said Elop's General Manager, Haim Rousso. "These orders, that follow other recent contract awards around the globe, further establish our position as a market leader in advanced Thermal Imaging systems optimized for the modern battlefield."

Source : Elbit Systems Ltd.