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Haifa, Israel, May 11, 2011 - Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it has been awarded a contract for the establishment of a Helicopter Pilot Training Center for Macedonia's Defense and Security Forces. The project, valued at 43 million, will be operated under a PFI (Private Financing Initiative) concept, in which Elbit Systems will provide a comprehensive solution, including the setting up of the training center, acquisition of aircraft, supply of full mission simulators and operation of the center for a period of eight years. The Pilot Training Center will prepare and qualify new pilots for the Macedonian Defense and Security forces, as well as provide training of active pilots.

Yoram Shmuely, Co-General Manager of Elbit Systems' Aerospace Division, said: "We are very proud to have been chosen for this project, which attests to the customer's trust in us, following many years of cooperation. Outsourcing in the areas of training, professional qualification and pilot training centers is growing worldwide and we hope that the significant experience and prestige that we have acquired in this area, both with the Israel Defense Forces and with other distinguished customers, will bring additional projects worldwide."

Elbit Systems, an acknowledged leader in the field of training and simulation, builds on over three decades of experience and offers comprehensive solutions that have the unique advantage of being based on actual, operational systems it develops, manufactures and supplies.


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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