SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                              --------------------

                                    FORM 6-K
                        Report of Foreign Private Issuer
                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934
                           For the Month of July 2005

                             -----------------------

                               ELBIT SYSTEMS LTD.
                 (Translation of Registrant's Name into English)
           Advanced Technology Center, P.O.B. 539, Haifa 31053, Israel
                    (Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:

                 |X|        Form 20-F         |_|      Form 40-F

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permitted by Regulation S-T Rule 101(b)(1): |_|

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holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): |_|

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foreign private issuer must furnish and make public under the laws of the
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organized (the registrant's "home country"), or under the rules of the home
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report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
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Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
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If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-______________




         Attached hereto as Exhibit 1 and incorporated herein by reference is
the Registrant's press release dated July 3, 2005.

                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                       ELBIT SYSTEMS LTD.

                                       (Registrant)


                                       By: /s/ Ilan Pacholder
                                           -------------------------------------
                                       Name:  Ilan Pacholder
                                       Title: Corporate Secretary

Dated:  July 5, 2005





                                  EXHIBIT INDEX

    EXHIBIT NO.            DESCRIPTION

    1.                     Press release dated July 3, 2005.





                                                                       EXHIBIT 1

   ELBIT SYSTEMS WON CONTRACTS IN ROMANIA VALUED AT APPROXIMATELY $25 MILLION

    ELBIT SYSTEMS TO UPGRADE HELICOPTERS FOR THE ROMANIAN AIR FORCE AND NAVY

 Both upgrade programs to be conducted with Romanian aircraft manufacturer IAR


Haifa,  Israel, July 3, 2005, Elbit Systems Ltd. (NASDAQ:  ESLT), in cooperation
with the Romanian  aircraft  manufacturer IAR S.A. Brasov,  won two contracts to
upgrade  helicopters for the Romanian Air Force and Navy valued at approximately
$25 million.


As part of one contract,  Elbit Systems will supply enhanced avionic systems and
night flight systems for the Romanian Air Force helicopters, with the purpose of
upgrading them to comply with NATO standards.  Elbit Systems and IAR Brasov have
also decided to jointly market similar upgrade programs to other customers.

Under the second  contract,  Elbit  Systems will work with IAR Brasov to upgrade
helicopters for the Romanian Navy.

Joseph Ackerman,  Elbit Systems CEO said,  "Elbit Systems is at the forefront of
aircraft and helicopter upgrades for many military forces worldwide. The upgrade
program  for the  Romanian  air force is  especially  important  in light of the
compliance of the upgraded helicopters to NATO standards. This opens up a market
with great business potential. Our first win of maritime helicopter upgrade." He
added,  "Elbit Systems and IAR Brasov have a long lasting  relationship of joint
helicopter  upgrade programs,  and these new contracts are yet another milestone
in the fruitful relationship between our companies."

Elbit Systems has been performing  defense platform programs in Romania for more
than ten years,  managing programs in cooperation with the majority of the local
aerospace companies.



CONTACTS:
 
COMPANY CONTACT                                           IR CONTACTS

Ilan Pacholder, Corporate Secretary and VP                Ehud Helft/Kenny Green
   Finance & Capital Markets
 ELBIT SYSTEMS LTD.                                       GK INTERNATIONAL
Tel:  972-4  831-6632                                     Tel: 1-866-704-6710
Fax: 972-4  831- 6659                                     Fax: 972-3-607-4711
pacholder@elbit.co.il                                     ehud@gk-biz.com
                                                          kenny@gk-biz.com

STATEMENTS   IN  THIS  PRESS  RELEASE   WHICH  ARE  NOT   HISTORICAL   DATA  ARE
FORWARD-LOOKING  STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES
OR OTHER  FACTORS  NOT  UNDER THE  COMPANY'S  CONTROL,  WHICH  MAY CAUSE  ACTUAL
RESULTS,  PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY  DIFFERENT
FROM  THE  RESULTS,   PERFORMANCE  OR  OTHER   EXPECTATIONS   IMPLIED  BY  THESE
FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE
DETAILED IN THE  COMPANY'S  PERIODIC  FILINGS WITH THE  SECURITIES  AND EXCHANGE
COMMISSION.