Elbit Systems to Supply Hermes 450 UAV Systems to a European Country

Released on Monday, July 07, 2008

Haifa, Israel, 7 July, 2008 - Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded a contract valued at approximately $20 million to supply Hermes® 450 UAV Systems to a European country. The systems include both air vehicles as well as complementing ground systems, to be delivered during 2009.

Hermes® 450 is a unique Elbit Systems development, which has been the major player in Israel's security activities, and the IDF's primary UAV system. In addition, the Hermes® 450 is the basis for the UK Armed Forces' Watchkeeper program, the largest UAV program in Europe. Hermes® 450 UAVs are used extensively in armies worldwide, including active war zones such as Iraq and Afghanistan. So far, the Hermes® 450 has accumulated over 100,000 operational flight hours.

Haim Kellerman, General Manager of Elbit Systems UAS Division said: "The new order is yet another link in the chain of successes in the marketing of the Hermes® 450, building on the level of maturity the system has achieved. The Hermes® 450 has well proved its capabilities and reliability over many years of operational performance," He added, "In light of the current high demand for the Hermes® 450, and specifically the requirement for speedy delivery for operational needs, Elbit Systems' UAV Division is prepared to meet the full range of customers' demands."