Elbit Systems Subsidiary El-Op Was Awarded Israel Defense Award for Development of Imagery Intelligence System

The Israel Defense Award was granted to a team consisting of Elbit Systems’ subsidiary El-Op, Ness Technologies, the Israel Air Force (IAF) and Israeli Ministry of Defense, for the development of a highly advanced imagery intelligence system with unique anti-terrorism warfare capabilities. To date - including the current win - Elbit Systems has received seven Israel Defense Awards. El-Op CEO, Haim Rousso said he was proud of this achievement, which is a testament to both the Group’s sophisticated R&D capabilities and to its customers’ satisfaction. He added that El-Op has an established position as a global leader in the electro-optical systems industry and particularly in the field of imagery intelligence. Joseph Ackerman, President of Elbit Systems, said that imagery intelligence is one of the most evolving areas globally, driving growing demand and sales of these systems to many armed forces worldwide. Elbit Systems’ imagery intelligence systems are industry leaders, showcasing the group’s R&D capabilities and understanding of the market’s tactical and unique operational requirements. As announced at the beginning of the year, El-Op has recently been awarded contracts exceeding $100 million to supply imagery intelligence systems to various customers. El-Op is a wholly-owned subsidiary of Elbit Systems and is considered one of the world’s leading electro-optics companies, with advanced research and development capabilities, from R&D stages through production to integration of comprehensive systems. Many of El-Op’s projects are implemented by the IDF and other customers worldwide. Contact: Rosen Dalia, Corporate Communications Director Tel: 972-4-831-6784 Fax: 972-4-831- 5420 E-Mail : daliarosen@elbit.co.il

Source: Elbit Systems
Date: Jul 14, 2005

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