Haifa, Israel, -- Elbit Systems Ltd. announced today that it was awarded $55 million contracts in Europe.

In Slovenia, it signed a contract to supply overhead remote controlled weapon stations and unmanned turrets as well as other electronic and electro-optical systems and components for the Slovenian Armored Vehicle Program. Elbit Systems' portion of the Program is valued at approximately $ 40 million, with deliveries scheduled to take place through 2011.

Elbit Systems' selection is pursuant to cooperation with Patria AMV, owned by the state of Finland and the European Aeronautic Defense and Space company EADS N.V. Patria, together with the Slovenian company Rotis d.o.o, was selected by the Slovenian Ministry of Defense to be the prime contractor for the supply of the Slovenian Armored Vehicle Program. The Program covers 135 vehicles.

Elbit Systems' portion of the Program includes laser detection systems and the delivery, integration and installation of 30mm Unmanned Turrets and 12.7/40 mm Overhead Remote Controlled Weapon System (ORCWS) onboard Patria AMV 8X8 vehicles.

In Romania, Elbit System was awarded lately a contract to supply unmanned turrets and electro-optic systems valued at approximately $15 million, with deliveries scheduled to be performed over the next three years. The Romanian Government selected Mowag GmbH, of the General Dynamics European Land Combat Systems Group, to be the prime contractor in this project, and it will supply the Piranha III vehicles for the program. Elbit Systems' portion of the program includes the delivery of 12.7 mm unmanned turrets and various electro-optic and electronic subsystems, including the DTV- Driver Thermal Viewer and other systems. The majority of the work will be performed in Romania by Elbit Systems' subsidiary Elmet International srl., with the collaboration of the Romanian company Pro-Optica S.A.

Bezhalel (Butzi) Machlis, Corporate V.P. and General Manager of Elbit Systems' C4I & Land Systems Division, said: "The selection of our systems for the projects attests to our ability to provide a completely integrated configuration for fighting/patrol/surveillance vehicles, including Unmanned Turrets equipped with missiles fire control and threat detection systems. Machlis added: "We are proud to be selected to take part in those important projects. The selection of our unmanned turrets constitutes a breakthrough in an emerging international market emanating from a shift in the modern battlefield. "

Elbit Systems Ltd.
25.07.2007