SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 February 2003
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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 |_| Form 40-F
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:
|_| Yes |X| No
Attached hereto as Exhibit 1 and incorporated herein by reference is the
Registrant's press release dated February 10, 2003.
Attached hereto as Exhibit 2 and incorporated herein by reference is the
Registrant's press release dated February 24, 2003.
SIGNATURE
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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/ Arie Tal
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Name: Arie Tal
Title: Corporate Secretary
Dated: March 4, 2003.
EXHIBIT INDEX
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Exhibit No. Description
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1. Press release dated February 10, 2003.
2. Press release dated February 24, 2003.
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EXHIBIT 1
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Elbit Systems to Participate as Part of Thales Team in the UK WATCHKEEPER Final
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Phase Monday February 10, 8:32 am ET
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HAIFA, Israel, Feb. 10 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq:
ESLT - News) announced today that it has been selected, as part of Thales Team,
to participate in the final phase of the UK Watchkeeper Tactical Unmanned Air
Vehicle (UAV) assessment.
Watchkeeper will provide the UK's Armed Forces with a globally deployable
capability to deliver imagery and intelligence to battlefield commanders and is
a core element of the MoD's Network-Enabled Capability Strategy.
Elbit Systems will provide to Watchkeeper the class leading Hermes-180 and
Hermes-450 advanced Unmanned Air Vehicles. The company's innovative design
approach, state-of-the-art technologies and extensive experience in integrated
UAV systems will support the team's high performance level and low risk solution
for the Watchkeeper Program, as required by the UK MoD.
Elbit Systems will now actively participate in the System Integration Assurance
Phase (SIAP) as part of the Thales team, to demonstrate a high level of
confidence in rapid system introduction to service and provision of system
required capabilities.
Joseph Ackerman, President and CEO of Elbit Systems, commented: "We are proud to
be part of the Thales team for the UK Watchkeeper final assessment phase. Our
substantial capabilities and extensive experience in the area of advanced UAV
systems, as well as our current and future industrial activities in the UK, will
contribute to the success of this highly important program."
About Thales
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Thales' activities encompass optronics, air defence, sensors, communications and
naval systems. The company is the UK's second largest defence contractor, having
been a supplier to the MoD since the First World War. Thales now draws together,
under one unifying brand name, businesses including Racal, Thomson Marconi
Sonar, Shorts Missile Systems, Thorn EMI Electronics, Avimo and Pilkington
Optronics. Employing 65,000 people in almost 50 countries, Thales has 12,000
staff in the UK. In 2001, Thales global revenues were 6.8 billion pounds
sterling.
About Elbit Systems
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Elbit Systems Ltd. is an international defense electronics company engaged in a
wide range of defense-related programs throughout the world, in the areas of
aerospace, ground and naval systems, command, control, communications, computers
and information (C4I), Intelligence, Surveillance and Reconnaissance (ISR),
Unmanned Airborne Vehicles (UAV), security systems and advanced electro-optic
technologies.
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Statements in this press release which are not historical data are
forward-looking statements which involve known and unknown risks, uncertainties
or other factors not under the company's control, which may cause actual
results, performance or achievements of the company to be materially different
from the results, performance or other expectations implied by these
forward-looking statements. These factors include, but are not limited to, those
detailed in the company's periodic filings with the Securities and Exchange
Commission.
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EXHIBIT 2
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Elbit Systems' Subsidiary El-Op Receives Orders Exceeding $40 Million for
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Electro-Optical Observation & Surveillance Systems from Customers in Asia
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Monday February 24, 8:30 am ET
HAIFA, Israel, Feb. 24 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq:
ESLT - News), today announced that its wholly owned subsidiary, Elop
ElectroOptics Industries Ltd. (El-Op), has received orders from customers in
Asia exceeding $40 million. The contracts are for electro-optical Observation
and Surveillance systems. The equipment is due to be supplied within two years.
The Observation and Surveillance equipment to be supplied by El-Op incorporates
the most advanced technologies of its kind. El-Op's day and night systems are
based on the Company's experience in the development of solutions for its
customers worldwide.
The Company's observation and surveillance systems, such as Handheld Thermal
Imager (HHTI) Systems, are employed in various border protection and anti-terror
applications, and have been noted for their effective role in preventing border
infiltration.
The technologies, components and subassemblies incorporated in the equipment are
the fruit of Elbit Systems' vertically integrated in-house capabilities to
develop, manufacture, supply and support its products from the sensor level up
to the complete system.
About Elbit Systems Ltd.
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Elbit Systems Ltd. is an international defense electronics company engaged in a
wide range of defense-related programs throughout the world, in the areas of
aerospace, ground and naval systems, command, control, communications, computers
and intelligence (C4I) and advanced electro-optic technologies. The Company
focuses on the upgrading of existing military platforms and developing new
technologies for defense applications.
Statements in this press release which are not historical data are
forward-looking statements which involve known and unknown risks, uncertainties
or other factors not under the Company's control, which may cause actual
results, performance or achievements of the Company to be materially different
from the results, performance or other expectations implied by these
forward-looking statements. These factors include, but are not limited to, those
detailed in the Company's periodic filings with the securities and exchange
commission.
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