HAIFA, Israel , March 1 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq: ESLT) today announced that, effective April 7, 2009 , Adi Dar will become General Manager of Elbit Systems Electro-Optics Elop Ltd. ("Elop"). Dar will replace Haim Rousso , who will become Elbit Systems Ltd.'s Executive Vice President for Engineering and Technology Excellence.
Dar has served as Elop's Vice President for Business Development since 2006. Previously, he served in a number of management positions in Elbit Systems, which he joined in 2002. Prior to that, he held management positions in Elron Telesoft Ltd. and was a career officer in the Israel Defense Forces. Dar holds a bachelor's degree in industrial engineering from the Technion and an MBA from
Haim Rousso has served in management positions at Elop for the past 36 years, and has served as General Manager since 2000. Under his leadership Elop has continued its growth as a world leading company in the area of electro-optics. Rousso holds bachelor and master of science degrees in electronic engineering from the Technion.
Joseph Ackeman, Elbit Systems President and CEO, commented: "Under Haim Rousso's leadership Elop has expanded upon its world leading position in the electro-optics and space markets, and we are very pleased that he will continue to contribute to the entire Elbit Systems' organization his vast experience in complex engineering and development projects. Adi Dar's appointment underscores his contribution to Elop's success in recent years. We wish both of them success in their new positions as well as in continuing to meet the significant challenges ahead."
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related 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 air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
This press release contains forwardlooking 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. Forwardlooking 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 forwardlooking 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 forwardlooking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.