SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------
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 January 2005
-----------------------
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 January 6, 2005.
SIGNATURE
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
--------------------------------
Name: Ilan Pacholder
Title: Corporate Secretary
Dated: January 7, 2005
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
1. Press Release dated January 6, 2005.
EXHIBIT 1
AUDIT COMMITTEE AND BOARD OF DIRECTORS OF ELBIT SYSTEMS
APPROVED THE AGREEMENTSSIGNED WITH KOOR INDUSTRIES
REGARDING THE PURCHASE OF SHARES IN TADIRAN
COMMUNICATIONS
Haifa, Israel, January 6, 2005 - Elbit Systems Ltd. (Nasdaq: ESLT), ("Elbit
Systems") announced, further to its announcement of December 27, 2004 regarding
the transaction with Koor Industries Ltd. ("Koor") (NYSE: KOR) relating to Elbit
Systems' purchase of Koor's shares in Tadiran Communications Ltd. ("Tadiran")
(TASE: TDCM), that yesterday the Elbit Systems' Audit Committee and Board of
Directors approved the agreements relating to the transaction. The members of
the Audit Committee and Board of Directors participating in the discussions and
approval of the transaction consisted only of directors who have no personal
interest in the transaction.
Based upon this approval and a similar approval provided yesterday by the Board
of Directors of Koor, the parties are proceeding in obtaining the remaining
required approvals for the transaction.
************************************************************
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, land and naval systems, command, control, communications, computers,
intelligence, surveillance and reconnaissance ("C4ISR"), 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.
For more about Elbit Systems, please visit our website at www.elbitsystems.com
Contacts:
Company contact IR Contacts
Ilan Pacholder, Corporate Secretary Ehud Helft/Kenny Green
and VP Finance & Capital Markets
Elbit Systems Ltd. GK International
Tel: 972-4 831-6632 Tel: 1-866-704-6710
Fax: 972-4 831- 6659 Fax: 972-3-607-4711
pacholder@elbit.co.il ehud@gk-biz.com
kenny@gk-biz.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.
-2-