Elbit to Supply a Customer in Asia With EW Systems

• Valued at $147 Million

(Haifa, Israel, March 24, 2010) -- Elbit Systems Ltd. (NASDAQ: ESLT) announced today that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded contracts to supply airborne and ground electronic warfare (EW) systems, for a customer in Asia, at an aggregate value of approximately $147 million. The systems will be delivered over the next three years.

Elisra CEO Itzhak Gat noted that the selection of Elisra's systems attests to the company's technological leadership and to the maturity of its systems. These contract awards strengthen Elisra's position as a recognized world leader in the Electronic Warfare market.

Source : Elbit Systems Ltd.