FORT WORTH, Texas, May 9, 2016

Elbit Systems of America Receives U.S. Navy Contract to Modify the NAVAIR Test Pilot School C-26 for ASTARS III Test and Evaluation Training 

Elbit Systems of America, LLC, through its subsidiary M7 Aerospace, LLC, was awarded a $7.5 million Firm, Fixed Price contract by the US Navy to perform modifications on United States Naval Test Pilot School's (USNTPS) C-26 aircraft. Upgrades will be completed by September 2016 in San Antonio, Texas.

With a trusted legacy of delivering high quality modifications and upgrades to a wide range of airframes from military and corporate jets to turbo props, Elbit Systems of America, the Type Certificate holder for the C-26, was selected to install an Intelligence, Surveillance, and Reconnaissance (ISR) upgrade and a Finmeccanica, Vixen 500E AESA radar on the Navy's C-26 aircraft. This modification will replace the existing weather radar with an AESA radar that meets the USNTPS requirements for training and supportability, and Navy Test Wing Atlantic (NTWL) Open Architecture (OA) flying test bed requirements.

USNTPS trains experienced pilots, Naval Flight Officers (NFOs), and engineers to become qualified test pilots, test flight officers, and flight test engineers that support test and evaluation programs. Graduates of the school must meet the test and evaluation requirements of the U.S. Navy and various other Research, Development, Test, and Evaluation (RDT&E) activities in all U. S. military services, other U.S. Government agencies, civilian industry, and many foreign nations.

The addition of the new Vixen 500E AESA radar will give students practical, hands-on experience with an advanced, compact, lightweight, radar that combines Fire Control, Surveillance and Reconnaissance search capabilities, along with target acquisition, tracking and prosecution. The design is intended for installation in small fast-jets, fighter lead-ins, trainers & modified business aircraft, like the U.S. Navy C/RC-26.

The Navy's C-26 is a versatile, multipurpose transport aircraft that provides rapid-response personnel movement and high-priority resupply to remote sites. The global C-26 fleets continue to expand their mission capability and functionality through the expansion and integration of special mission equipment packages to meet the ever-changing requirements of today's Navy.  

"Partnering with our military customers to develop a highly focused modification, repair and overhaul plan allows us to deliver an affordable, high quality solution that meets military requirements and keeps them in the fight," said Chris Hickey, vice president, Sustainment & Support, Elbit Systems of America. "This modification aligns with our strategy to extend the life and highlight the value of our C-26 franchise."

Elbit Systems of America is known for its commitment to its customers, craftsmanship, integrity and value and is a multiple award recipient of the FAA's Diamond Award for Aviation Maintenance Technician (AMT) training.

Based in San Antonio, TX, Elbit Systems of America's Sustainment & Support Solutions provides aircraft modernization, sustainment, and worldwide contractor logistics support to a multitude of platforms such as the Metro Merlin, C/RC-26, King Air, C-21, C-23, UC-35, ATR 42/72, DO-328 and many other platforms.

About Elbit Systems of America, LLC  

Elbit Systems of America is a leading provider of high performance products, system solutions, and support services focusing on the commercial aviation, defense, homeland security, cyber security, and medical instrumentation markets.  With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States.  Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ and TASE: ESLT), a global electronics company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: http://www.elbitsystems-us.com or follow us on Twitter .

About Elbit Systems  

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: http://www.elbitsystems.com or follow us on Twitter.

Trademarks

Elbit Systems of America and other trademarks, service marks and logos are registered or unregistered marks of Elbit Systems of America companies in the United States and in foreign countries. Copyright © 2016 Elbit Systems of America. All rights reserved.

Forward Looking Statement 

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.

Contact: Shari Clarkson I +1-682-286-2363 I sharon.clarkson@elbitsystems-us.com

SOURCE Elbit Systems of America, LLC

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