Elbit Awarded $40M Israeli MoD Contract for Skylark I LE Mini-UAV

(HAIFA, Israel, January 26, 2009) -- Elbit Systems Ltd. (NASDAQ: ESLT) announced, further to its announcement dated December 16, 2008, that it was awarded an approximately $40 million contract by the Israeli Ministry of Defense to supply the Skylark(R) I LE mini-UAVs for all Israel Defense Forces (IDF) Ground Forces battalions, including training and logistics support.

The project is to be delivered over the next few years, subject to the IDF's requirements and procurement process.

Elbit Systems' Skylark(R) I LE was selected by the IDF following an extensive evaluation process, including operational ability to comply with the demanding requirements of the IDF, based on its extensive operational experience.

During its recent Operation "Cast Lead", the IDF used its already operational Skylark(R) mini-UAV family, in gathering vital intelligence and enhancing collaboration and connectivity between the different operating forces.

Source : Elbit Systems Ltd. - click here for more information