UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the Month of March 2007

_________________

Commission File Number: 000-28998

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:

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 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 March 20, 2007.

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/ Yaniv Baram                                          
Name: Yaniv Baram
Title:   Corporate Secretary

Dated: March 20, 2007


EXHIBIT INDEX

Exhibit No. Description

1.

Press Release dated March 20, 2007.

Elbit Systems Issues Tender Offer
For Balance of Tadiran Communications’ Shares

Haifa, Israel, March 20, 2007 – Elbit Systems Ltd. (Nasdaq: ESLT) (the “Company”) announced today that the Company issued a cash tender offer to acquire the balance of the ordinary shares of Tadiran Communications Ltd. (TASE: TDCM) (“Tadiran”) that are not currently owned by the Company, excluding shares held by Tadiran itself. The Company currently owns approximately 43% of Tadiran’s outstanding ordinary shares.

The tender offer period will remain open through April 19, 2007 and the tender offer is for a price of New Israeli Shekel 186 (approximately $44.20) per Tadiran share. The tender offer provides that in the event the required approval majority of 95% of Tadiran’s outstanding ordinary shares to acquire all of the Tadiran shares is not obtained, then, subject to the applicable approval requirements, the Company will purchase at the same price per share, between 624,534 – 1,175,655 (approximately 5-9.1%) of the outstanding shares of Tadiran. The tender offer documents, detailing the material terms of the offer, have been filed with the Israel Securities Authority.

About Elbit Systems Ltd.

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance (“C4ISR”), advanced electro-optic and space technologies, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and equipment. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.

Contacts:  

Company Contact:
IR Contact:

Joseph Gaspar, Corporate VP & CFO
Ehud Helft / Kenny Green
Dalia Rosen, Director of Corporate Communications  
Elbit Systems Ltd G.K. Investor Relations
Tel: +972-4-8316663 Tel: 1-866-704-6710
Fax: +972-4-8316944 Fax: + 972 - 3 - 607 - 4711
E-mail: gspr@elbit.co.il E-mail: info@gkir.com
             daliarosen@elbit.co.il  

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.