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 February 2006

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

                               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-______________





         Attached  hereto as Exhibit 1 and  incorporated  herein by reference is
the Registrant's press release dated February 2, 2006.

                                    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:  February 2, 2006





                                  EXHIBIT INDEX
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    EXHIBIT NO.     DESCRIPTION
    -----------     -----------

    1.              Press release dated February 2, 2006.





                                                                       EXHIBIT 1

                     ELBIT SYSTEMS SELECTED TO SUPPLY 30 MM
                      UNMANNED TURRETS AND OPTO-ELECTRONIC
                    SYSTEMS FOR THE BELGIAN ARMORED INFANTRY
                                VEHICLE PROGRAM

Haifa,  Israel,  February 2, 2006 - Elbit  Systems Ltd.  (NASDAQ:ESLT)  reported
today that it was  selected to supply  various  systems for the Belgian  Armored
Infantry Vehicle Program.

The  anticipated  contract  value for Elbit  Systems'  portion of the Program is
expected to be in an amount  material to Elbit Systems,  with deliveries to take
place between 2007 - 2012.

This Program is related to a  co-operation  between  Elbit Systems and the Swiss
company  Mowag,  a part of the General  Dynamics  European  Land Combat  Systems
Group.  Mowag was selected by the Belgian  Government to be the prime contractor
for the  supply  of the  Piranha  III  vehicles  for the  Program.  The  Program
currently covers 138 vehicles out of a potential total of 242 vehicles.

Elbit  Systems'  portion of the Program  includes the delivery of 30 mm unmanned
turrets and various opto-electronic and electronic sub-systems.  Finalization of
the contract to Elbit Systems is expected within the coming weeks.

Joseph  Ackerman,  President and CEO of Elbit Systems said:  "We are proud to be
selected  to take part in this  important  project  for the  Belgian  Army.  The
co-operation  between Mowag and Elbit Systems  reflects the level of recognition
we have achieved with our customers,  end users and business partners worldwide.
The selection of our unmanned turrets  constitutes a breakthrough in an emerging
international market emanating from a shift in the modern battlefield.



These systems implement the Elbit Systems Group's  integrative and comprehensive
abilities as well as our understanding of the modern combat arena."

Mr. Ackerman added, "We hope that Mowag's  selection of our solution for a major
NATO  member such as Belgium  will serve as a case in point for other  potential
customers in Europe and across the globe."

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.

CONTACTS

Company contact                                    IR Contacts
---------------                                    -----------
Ilan Pacholder, Corporate Secretary and            Ehud Helft/Kenny Green
VP 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
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STATEMENTS   IN  THIS  PRESS  RELEASE   WHICH  ARE  NOT   HISTORICAL   DATA  ARE
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DETAILED IN THE  COMPANY'S  PERIODIC  FILINGS WITH THE  SECURITIES  AND EXCHANGE
COMMISSION.