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 2003
                            -----------------------

                               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 November 25, 2003.



                                    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 25, 2003.






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

            1.                Press release dated November 25, 2003.














                                    EXHIBIT 1
                                    ---------

Elbit Systems and ADI Ltd. Team Up for Australian Department of Defense Unmanned
--------------------------------------------------------------------------------
Airborne Vehicle  Project
-------------------------

Tuesday November 25, 6:11 am ET

HAIFA, Israel, Nov. 25 /PRNewswire-FirstCall/ -- Elbit Systems (Nasdaq: ESLT -
News) today announced that it has signed a teaming agreement with ADI Limited, a
major Australian defense company, to bid for the Australian Department of
Defense's JP 129 contract for the supply of tactical unmanned airborne vehicles
(TUAV). The JP 129 project is designed to provide the Australian Army with an
airborne surveillance system for use in land operations and holds important
potential for future UAV related business in Australia.

Elbit Systems, with its wide range of proven TUAVs of various sizes and
different capabilities, using a common ground control and data management
facility, brings to the team its class-leading Hermes advanced unmanned airborne
vehicles and ground control stations.

ADI provides the capability to integrate Elbit's TUAV system into the Australian
operational environment through the use of mission system products and a deep
understanding of the customer's performance requirements.

The ADI-Elbit solution will deliver a significant increase in the range of
information available to the Australian Defense Forces and will ensure that it
can be disseminated to all who need that information.

"The ADI and Elbit Systems team represents an excellent blend of experience and
capabilities and we are intent on providing the customer with a low risk, high
performance solution," ADI Managing Director Mr. Lucio Di Bartolomeo said. "A
key advantage for the team is the proven operational experience of Elbit's TUAV
system with the Israeli Defense Forces. The team will also benefit from ADI's
experience on the Air 87 project won by Australian Aerospace for the Australian
Army," Mr. Di Bartolomeo added.

Itzhak Dvir, Elbit Systems' Corporate V.P. and General Manager, UAV, Security
and Tactical Systems, said, "We are proud to offer our capabilities to the
Australian JP129 program. Our teaming agreement with ADI brings together the
advanced technologies and extensive experience of our two companies in the area
of large scale tactical UAV's, and will provide the Australian Defense Forces
with an optimal solution based on operationally proven systems and
state-of-the-art technologies."

A team consisting of Elbit Systems and Thales, a joint owner of ADI, is one of
two bidders short-listed for Project Watchkeeper, a similar UK Department of
Defense TUAV contract. Success in the Watchkeeper project will result in
alternative sub-systems, which may be used to provide a system meeting all of
the Australian requirements.




About ADI Limited
-----------------

ADI produces a range of defense technologies and services to the Australian
Department of Defense and to overseas defense customers. The company has
developed innovative products to support mission planning and data management
within the Australian Department of Defense. This experience and capability
forms the basis for integrating the Elbit Hermes platform into the Australian
defense environment.

About Elbit Systems
-------------------

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

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DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE
COMMISSION.