Elbit Systems to supply the Republic of Korea with airborne EW suites valued over $25 million , Mar 09

Bene Berak, Israel, March 17, 2009… Elbit Systems (NASDAQ: ESLT) announced today that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a contract valued over $25 million to supply the Korean Government with Airborne Electronic Warfare (EW) Suites for its ROKAF C-130 transporters. The advanced and integrative EW suite includes protection systems against various radar-guided and heat-guided missile types.

Elisra CEO, Itzhak Gat, said that the selection of Elisra's systems by the Republic of Korea, for the second time recently attests to the high level of customer satisfaction and confidence in the company's products. Gat added that the contracts are additional evidence of Elisra's recognition for its technological leadership in the EW field.

Smart Airborne EW Solutions for Mission Superiority

Elisra is a world leader in advanced integrated EW Solutions, has been keeping aircraft at the cutting edge of technology and constantly fit for new changing and challenging needs. Elisra's systems serve the Israeli Air Force as a sole supplier, and support reliably and successfully other air forces around the world.

Elisra's systems and solutions include a family of tailored Self Protection Suites – from Warning Systems – RWR, LWS or MWS through Active Systems, ensuring mission completion and safe return.

About Elisra:

Elisra, a world leader for over 4 decades in the field of Electronic and Information Warfare as well as Intelligence and C3 systems has been the source of these solutions deployed in modern defense forces of over 40 countries world wide.

The company develops, designs, manufactures, integrates and supports advanced EW, Intelligence (RF and IR based technologies) and Communication solutions, for air, sea and land applications.

Elisra,  70% owned by Elbit Systems Ltd., and 30% by Elta Systems Ltd. (an IAI  subsidiary), comprises of Elisra Electronic Systems, Tadiran Electronic Systems and Tadiran Spectralink.

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