Elbit Systems Announces Extension of Its Shelf Prospectus in Israel
1. Israel Securities Authority extended Elbit Systems' shelf prospectus by 12 months. 2. No securities offering decisions made; uncertainty remains regarding scope and timing. 3. Offering will not be registered under U.S. Securities Act; may pose challenges. 4. Elbit Systems employs 20,000 people and has $2 billion in recent quarterly revenues. 5. Order backlog totals $23.8 billion, signaling potential future growth.