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 2004
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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 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 [X] 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 February 2, 2004.
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: February 2, 2004
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EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION
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1. Press release dated February 2, 2004.
EXHIBIT 1
Elbit Systems' Subsidiary EL-OP Unveils Latest Generation CoMPASS Surveillance
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System
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Initial Contracts Exceed $10 Million
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HAIFA, ISRAEL, FEBRUARY 2, 2004- ELBIT SYSTEMS LTD. (NASDAQ :ESLT)
today announced that its wholly owned subsidiary, Elop Electro-Optics
Industries Ltd. (El-Op), has been awarded initial contracts to supply
its latest generation CoMPASS surveillance system to customers in
Europe and Asia for airborne and naval applications. The value of the
initial contracts exceeds $10 million, with deliveries to be made
during 2004.
The latest generation CoMPASS advanced stabilized system is designed
for medium and high-end observation and surveillance applications. The
system provides advanced solutions for fixed and rotary wing aircraft,
marine patrol boats, unmanned airborne vehicles (UAVs) and ground
vehicles.
The latest generation CoMPASS system, containing four cutting-edge
electro-optic sensors, delivers enhanced high quality day and night
imagery in extreme weather conditions and laser range finding, target
designation and marking. It offers superior stabilization performance,
highly accurate Line of Sight (LOS) positioning capability and precise
LOS angular and range data for fire control applications. Additionally,
the latest generation CoMPASS system features enhanced automatic video
tracker, special scan patterns, and enhanced image processing - all
designed for operation in harsh airborne, marine and land scenarios.
The major advantages of the latest generation CoMPASS multipurpose
stabilized system are:
o Single LRU for substantial weight and size reduction
o Advanced diode pumped laser designator, or eye-safe laser
range finder
o New generation, FPA large aperture FLIRs
o Advanced day TV channel
o Laser target illuminator
o Advanced video and image processing features
o Four sensors in one 15" payload
Haim Rousso, General Manager of El-Op, commented: "These contracts demonstrate
the success of the Elbit Systems Group new solution for the observation and
surveillance market. The latest generation CoMPASS is recognized by our
customers as pushing the envelope in its field. As a leader in the stabilized
payloads market, we anticipate additional CoMPASS orders."
ABOUT ELBIT SYSTEMS
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), advanced
electro-optic and space technologies. The Company focuses on the upgrading of
existing military platforms and developing new technologies for defense and
homeland security applications.
Contacts:
Ilan Pacholder, VP Finance Marilena LaRosa
Elbit Systems Ltd The Anne McBride Company
Tel: 972-4 831-6632 Tel: 212-983-1702
Fax: 972-4 831-6659 Fax: 212-983-1736
Pacholder@elbit.co.il mlarosa@annemcbride.com
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.