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 December 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:
[ ] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): [ ]
NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): [ ]
NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
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 [ ] No
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-______________
Attached hereto as Exhibit 1 and incorporated herein by reference is
the Registrant's press release dated December 2, 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/ Ilan Pacholder
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Name: Ilan Pacholder
Title: Corporate Secretary
Dated: December 2, 2003.
EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION
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1. Press release dated December 2, 2003.
EXHIBIT 1
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Lockheed Martin and Elbit Systems Team to Pursue Helicopter Upgrade
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Opportunities in Central Europe
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Tuesday December 2, 8:45 am ET
SOFIA, Bulgaria, Dec. 2 /PRNewswire-FirstCall/ -- U.S.-based Lockheed Martin
(NYSE: LMT - News) and Elbit Systems Ltd., (Nasdaq: ESLT - News) based in
Israel, will jointly pursue helicopter modernization opportunities in Bulgaria
as well as in Poland, the Czech Republic, Slovakia and Hungary.
Near term, the companies are teaming to pursue recently announced plans to
upgrade Bulgaria's Mi-17 and Mi-24 helicopters to meet NATO standards. Bulgaria
is planning to repair and modernize these aircraft by incorporating modern
avionics and mission systems and extending the life of the helicopters. The
Mi-24 helicopters' arms systems also will be upgraded.
"The agreement with Lockheed Martin creates a team with unparallel expertise and
experience which will result in the most cost-effective proven solution for our
customers" said Yoram Shmuely, corporate vice president and general manager of
Elbit Systems' Airborne and Helmet Systems Division. "Our aim is to create
strong relationships with Bulgarian defense industries to meet both domestic and
export market requirements."
Lockheed Martin and Elbit Systems will perform the NATO compatibility and
interoperability of the helicopter modernization contract, including NATO-
restricted equipment.
"Our team offers low-risk, cost-effective solutions to meet NATO standards and
interoperability requirements with proven products and systems for day, night
and all-weather operations," said Scott Greene, acting general manager of
Lockheed Martin's Aerospace Solutions in Owego, NY.
The two companies have extensive experience in the area of helicopter upgrades
for customers worldwide. Lockheed Martin, a major systems integrator to NATO
countries, recently integrated 44 anti-submarine Merlin helicopters for the
British Royal Navy. Currently, it is integrating a common cockpit and other
mission systems for the U.S. Navy's MH-60 helicopters. Elbit Systems has
performed several major helicopter upgrades, of both western and eastern origin
platforms, and its advanced avionics are currently operational onboard more than
4,000 helicopter platforms in the fleets of defense and civilian users
worldwide.
The two companies intend to implement the modernization in cooperation with the
original helicopter manufacturers and local industries.
Elbit Systems Ltd., based in Haifa, Israel, is engaged in a wide range of
defense-related programs throughout the world. The company focuses on the
upgrading of existing military platforms and developing new technologies for
defense applications.
Headquartered in Bethesda, MD, Lockheed Martin employs about 130,000 people
worldwide and is principally engaged in the research, design, development,
manufacture and integration of advanced technology systems, products and
services.
For additional information, visit our Web sites:
http://www.lockheedmartin.com
http://www.elbit.co.il