Last updated on April 16, 2014 at 8:06 EDT

Elbit Systems U.S. Subsidiary Selected for Award to Provide the U.S. Army with Skylark® I LE, Block 2

January 16, 2013

HAIFA, Israel, January 16, 2013 /PRNewswire/ –

Elbit Systems Ltd. (NASDAQ and TASE:ESLT) (“Elbit Systems”) announced today that Elbit
Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems, has been selected for
award by the U.S. Army ACC-APG, Natick Contracting Division on behalf of the Small
Unmanned Aircraft System (SUAS) Product Office.

Elbit Systems of America was selected with four other companies to provide the full
spectrum of SUAS products.

The scope of the award includes providing support and capability upgrades to current
systems fielded by the U.S. Army including the RQ-11B Raven and the RQ-20A Puma. In
addition, the customer has the option to procure from Elbit Systems of America the
Skylark(R) I-LE Block II as an alternative Medium and Long-Range SUAS to meet anticipated
future requirements.

Although this is a selection for award, the customer has no definitive purchasing
obligation. The total aggregate potential value of all delivery orders to be awarded to
all five companies under this award is $248M.

“The innovative solutions found in the Skylark(R) I-LE Block II offer more mission
flexibility, enabling the Skylark to fly higher without degradation of imagery. These
discriminating capabilities are designed to meet the military challenges of today and in
the future,” stated Elbit Systems of America President and CEO, Raanan Horowitz. “Our
mission is to provide solutions that protect and save lives. The Skylark(R) I-LE Block II
is designed to meet the needs of our warfighters so they may successfully complete their

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: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange
Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries
(collectively the Company), to the extent such statements do not relate to historical or
current fact. Forward Looking Statements are based on management’s expectations,
estimates, projections and assumptions. Forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as
amended. These statements are not guarantees of future performance and involve certain
risks and uncertainties, which are difficult to predict. Therefore, actual future results,
performance and trends may differ materially from these forward-looking statements due to
a variety of factors, including, without limitation: scope and length of customer
contracts; governmental regulations and approvals; changes in governmental budgeting
priorities; general market, political and economic conditions in the countries in which
the Company operates or sells, including Israel and the United States among others;
differences in anticipated and actual program performance, including the ability to
perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory
proceedings. The factors listed above are not all-inclusive, and further information is
contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with
the U.S. Securities and Exchange Commission. All forward-looking statements speak only as
of the date of this release. The Company does not undertake to update its forward-looking


Company Contact:

        Joseph Gaspar, Executive VP & CFO
        Tel:  +972-4-8316663
        Dalia Rosen, VP, Head of Corporate Communications
        Tel: +972-4-8316784
        Elbit Systems Ltd.

IR Contact:

        Ehud Helft
        Kenny Green
        CCG Investor Relations
        Tel: 1-646-201-9246

SOURCE Elbit Systems Ltd

Source: PR Newswire