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An Achievement for Elbit Systems in the Observation Systems Field in Brazil: Elbit Systems Brazilian Subsidiary to Supply Electro-optic Observation Systems to Savis Tecnologia e Sistemas, for the Brazilian Border Protection Program “Sisfron”

April 29, 2013

The initial contract is a part of a pilot program for the much larger overall Sisfron project

HAIFA, Israel, April 29, 2013 /PRNewswire/ –

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (“Elbit Systems”) announced today that AEL
International Ltd., a subsidiary of AEL Sistemas S.A., which is a Brazilian subsidiary of
Elbit Systems, was awarded a contract to supply electro-optic observation systems to Savis
Tecnologia e Sistemas S.A, a subsidiary of Embraer Defesa & Seguranca S.A., wholly-owned
by Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: BR3). The contract value is in an amount that is
not material to Elbit Systems.

The electro-optic systems will be supplied within a year, starting in 2014, as part of
the first phase of the Brazilian multi-year “Sisfron” Integrated Border Monitoring System.

In addition, as part of the program, Elbit Systems will be making investments in
Brazil in terms of assets, infrastructure and know-how in optronics.

Mr. Bezhalel (Butzi) Machlis, Elbit Systems’ President and CEO, commented: “We see
great importance in this award, marking a breakthrough for our electro-optic activities in
Brazil, which is a significant market for Elbit Systems. Sisfron is a global leading and
very unique border security project, and we are very proud to be involved in it. This is
yet an additional opportunity for our Brazilian companies to provide our advanced
technologies, this time in the field of observation, in Brazil, a country that values
unique, cutting edge technology in every field of operation.”

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
statements.

        Contacts:
        Company Contact:

        Joseph Gaspar, Executive VP & CFO
        Tel:  +972-4-8316663
        j.gaspar@elbitsystems.com

        Dalia Rosen, VP, Head of Corporate Communications
        Tel: +972-4-8316784
        dalia.rosen@elbitsystems.com
        Elbit Systems Ltd.

        IR Contact:

        Ehud Helft
        Kenny Green
        CCG Investor Relations
        Tel: +1-646-201-9246
        elbitsystems@ccgisrael.com

SOURCE Elbit Systems Ltd


Source: PR Newswire