Elbit Systems Awarded Approximately $30 Million in Contracts to Provide Observation Systems to a European Country

The systems will serve all levels of army commands, from the dismounted soldier to the headquarters command

Haifa, Israel, July 20, 2016 – Elbit Systems Ltd. (NASDAQ and TASE: ESLT)

(“Elbit Systems”) announced today that it was awarded contracts, in a total amount of approximately $30 million, to supply advanced thermal-imaging observation systems to a country in Europe. The systems will serve all army command levels, from the dismounted soldier to the headquarters command and will be supplied over a one-year period.

Among the systems provided are Long View CR (“LVCR”) observation systems- (dismounted soldier long-range observation systems that are well suited for target acquisition with day and night capabilities), LOROSSTM systems- (fixed installation long-range observation systems) and XACT observation systems for the dismounted soldier applications.

“Observation systems are a vital component of the Intelligence, Surveillance and Reconnaissance (“ISR”) field. They enable day and night operations under all weather conditions. We are proud to have won these contracts, reaffirming Elbit Systems’ position as one of the leading providers of advanced ISR solutions, which are highly adaptable to the needs of the contemporary battlefield”, commented Elad Aharonson, the General Manager of Elbit Systems ISTAR Division.