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 November 2004
                             -----------------------

                               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

Indicate by check mark if the  registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): |_|

Note:  Regulation  S-T Rule  101(b)(1) only permits the submission in paper of a
Form 6-K if submitted  solely to provide an attached  annual  report to security
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): |_|

Note:  Regulation  S-T Rule  101(b)(7) only permits the submission in paper of a
Form 6-K  submitted to furnish a report or other  document  that the  registrant
foreign  private  issuer  must  furnish  and make  public  under the laws of the
jurisdiction  in which the  registrant  is  incorporated,  domiciled  or legally
organized  (the  registrant's  "home  country"),  or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
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
Commission filing on EDGAR.

Indicate by check mark whether the  registrant  by  furnishing  the  information
contained  in this  form is  also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

              |_|      Yes               |X|      No

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule
12g3-2(b):  82-______________



                                      -1-




      Attached hereto as Exhibit 1 and  incorporated by reference  herein is the
Registrant's press release dated November 8, 2004.

                                    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:  November 8, 2004


                                      -2-


                                  EXHIBIT INDEX




           Exhibit No.        Description
           -----------        -----------

                1.            Press release dated November 8, 2004.



                                      -3-


                                    EXHIBIT 1

                Elbit Systems Awarded 300 Million Dollar Contract
               to Supply Airborne and Command and Control Systems


Haifa, Israel,  November 8, 2004 - Elbit Systems Ltd. (NASDAQ:  ESLT), announced
today  that it was  awarded a  contract  in an amount  of  approximately  US$300
million by the Israeli Ministry of Defense to supply advanced systems.

The contract  will be  performed  over a  multi-year  period,  under which Elbit
Systems will supply  airborne  systems,  command and control  systems,  logistic
support and training. The contract includes integration of various systems, part
of whose purpose includes  providing  advanced solutions in the area of homeland
security.


About Elbit Systems

Elbit Systems Ltd. is an international  defense electronics company engaged in a
wide range of  defense-related  programs  throughout the world,  in the areas of
aerospace, land and naval systems, command, control, communications,  computers,
intelligence,  surveillance and reconnaissance ("C4ISR"), advanced electro-optic
and space  technologies.  The  company  focuses  on the  upgrading  of  existing
military  platforms and  developing  new  technologies  for defense and homeland
security applications.

For more about Elbit Systems,please visit our website at www.elbitsystems.com


Contacts

Company contact                                         IR Contacts
---------------                                         -----------
Ilan Pacholder, Corporate Secretary  and                Ehud Helft/Kenny Green
VP Finance& Capital Markets
Elbit Systems Ltd                                       Gelbart Kahana
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.