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Elbit Systems U.S. Subsidiary Awarded $17.5 Million Order for  Apache Longbow Mission Processor Redesign and Upgrade

HAIFA, Israel, October 21, 2012 – Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that Elbit Systems of America, LLC ("Elbit Systems of America"), a wholly-owned subsidiary of Elbit Systems has been awarded a $17.5 million contract by The Boeing Company ("Boeing") to redesign and upgrade the Apache Block III AH-64D Mission Processor over a five-year period.

The Block III Mission Processor, originally designed and developed by Elbit      Systems of America in partnership with Elbit Systems, provides the aircraft with an open-system computing architecture that can easily integrate with current cutting edge and emerging next generation technologies. The new configuration will provide both performance and technology improvements and solutions for component obsolescence.

The Mission Processor will provide the Apache Block III avionics and mission equipment with the ability to perform sophisticated "networking" and on-board computing tasks and will allow the Apache Block III aircraft to more easily accommodate emerging capabilities.

Commenting on the award, Elbit Systems of America President and CEO, Raanan Horowitz, said: “The Elbit Systems of America Mission Processor lies at the heart of the Apache Block III Attack Helicopter and provides Boeing and its U.S. Army customer unparalleled computing power and capabilities. The refresh and upgrade program will ensure that the Apache takes advantage of the latest processing technology available. We are pleased to be a part of this important program and look forward to working closely with both Boeing and the U.S. Army to provide continued technological dominance to the warfighter.”


About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.
For additional information, visit: www.elbitsystems.com.
 

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