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 6, 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 6, 2006





                                  EXHIBIT INDEX

    EXHIBIT NO.        DESCRIPTION

    1.                 Press release dated February 6, 2006.




                                    EXHIBIT 1

                         ELBIT SYSTEMS' SUBSIDIARY ORTEK
                      COMPLETES INSTALLATION OF ITS FIRST
                       PERIPHERAL COASTAL SECURITY SYSTEM

Haifa, Israel, February 6, 2006 - Ortek Ltd., a subsidiary of Elbit Systems Ltd.
(NASDAQ:  ESLT),  completed  deployment of its first Peripheral Coastal Security
system for a customer in Asia.  Ortek's contract for the project is estimated at
approximately $8 million. The deployment of the system is the first stage of the
project,  which also includes  deployment of Peripheral Coastal Security systems
at additional locations in the customer's country.

The Coastal  Security  system is remote  controlled  and allows its operators to
automatically  track a large  number of  vessels  simultaneously,  for dozens of
miles, using its  identification  capabilities to send alerts regarding any type
of threat those vessels may pose.  Ortek's  Coastal  Security system is based on
Elbit Systems'  multi-layered  capabilities  as well as on advanced night vision
sensors, daylight surveillance and laser rangefinders developed by Elbit Systems
Electro-Optics  ELOP Ltd.  The  system's  surveillance,  monitoring  and control
capabilities  allow  processing  of online  data  received  simultaneously  from
numerous  surveillance  pods. The integration and data analysis received from EO
sensors in the control room enables a rapid alert and a suitable response to any
type of port threat.

Eli Venezia,  Managing  Director,  Ortek said:  "Our Coastal  Security system is
unique in its ability to provide the customer with a  comprehensive  solution to
meet the  specific  needs of  defense  against  terrorist  threats.  There is an
increasing global demand for these types of systems, and we are already involved
in the  integration  of  similar  systems  for  customers  in  Europe  and other
worldwide  locations.  We hope  that the  unique  technological  solution  Ortek
provides for this project and the timely deployment of the system will enable us
to secure additional coastal security projects."

Ortek Ltd. is the homeland  security  house of the Elbit  Systems  Group.  Ortek
integrates in its comprehensive  solutions the range of existing capabilities of
the Group, including products,  comprehensive concepts, extensive experience and
involvement  in major  projects  both in Israel and abroad.  Ortek  develops and
manufactures cutting edge electro-optical systems for surveillance and tracking,
optical fiber  technology for security,  video  communication,  supervision  and
control  systems as well as image  processing  and smart systems for  electronic



fences.  These  abilities  allow  Ortek to  offer  its  customers  comprehensive
solutions for peripheral  defense of land and sea borders as well as security of
strategic  facilities.  Approximately  60% of Ortek's sales are to international
customers.

Among Ortek's many projects of peripheral defense in Israel are: defense systems
for Israel's  land and sea  borders,  peripheral  security  systems of air force
bases, major sections of the border security fence, Jerusalem's detour route and
others.

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

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.