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PRESS RELEASE
Issued by:

Elbit Systems' subsidiary, Cyclone, awarded contract by Lockheed Martin Aero to supply structural components for Greek Air Force F-16s
Tuesday, 16 January 2007

Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary, Cyclone Aviation Products Ltd. (Cyclone), was awarded a contract by Lockheed Martin Aeronautics for structural components for 30 F-16 aircraft ordered by the Hellenic (Greek) Air Force from Lockheed Martin. The contract is valued at approximately $6 million dollars and is scheduled for delivery in 2008.

The contract involves the supply of structural components to Lockheed Martin that includes leading edge flaps, horizontal stabilizers, ventral fins, rudders and centerline pylons.

"We are proud to be selected by a major military aircraft manufacturer such as Lockheed Martin. This contract win reflects the trust and recognition we have established among major aviation manufacturers. We believe this contract will pave the way for further business in this fast-growing market characterized by advanced technologies and innovative composite materials, said Reuven Avraham, General Manager of Cyclone.

Contact details from our directory:
Elbit Systems Cyclone Ltd Aircraft Structural Components, Wing Flaps, Winglets, Forming, Chemical Milling, Fuel Tanks & Systems, Filament Winding Service, Metal Bonding, Aircraft Doors, Aircraft Control Surfaces, Fairings, Wing Spoilers, Honeycomb Core Composites, Engine Pylons, Composite Manufacturing Services, Fuselage Sections, Aircraft Flooring, Helicopter Assemblies, Crew Seating, Composite Structures, Composite Sandwich Panels, Laminates
Lockheed Martin Aeronautics Company Airframer
Related aircraft programs:
Lockheed Martin F-16 Fighting Falcon
Related directory sectors:
Structural Components
Airframe Assemblies