Contract for TOR system

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) („Elbit Systems”) announced today that TOR – Advanced Flight Training („TOR”), its partnership with Israel Aerospace Industries Ltd. („IAI”), established in order to perform the Israeli Air Forces’ („IAF”) future trainer program (the „Project”), has reached an agreement with the Israel Ministry of Defense („IMOD”) regarding a contract in a total amount of approximately $603 million.

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