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 Elbit Systems has acquired Rokar International from 
			  BAE Systems for approximately $31 million net of any cash in Rokar.  Located in Jerusalem, Rokar specializes in the 
			  development, manufacture, integration, and support of high-end GPS 
			  receivers and guidance systems for advanced defense applications. Systems are designed for standalone use in a full 
			  navigation system, or as GPS boards to be embedded in an inertial 
			  system. The SNIR (Satellite Navigation Immune Receiver) 
			  product family is designed to  
			  overcome emerging GPS jammer threats. SNIR integrates advanced 
			  anti-jam technologies to suppress various interferences in 
			  multiple-jammer environments.   Such systems are installed on air, land, and naval 
			  platforms and used for a wide range of munitions. They can be 
			  integrated as anti-jamming receivers or added to legacy GPS 
			  receivers. An extensive range of gun-hard GPS receivers can 
			  be integrated with mortar and artillery shells and rockets, 
			  providing an accurate first-round fire capability. Projectiles and 
			  rockets can be upgraded with GPS-based, low-cost navigation and 
			  guidance systems. Extremely accurate GPS receivers with dual 
			  redundancy are operational in orbit in various types of 
			  satellites. With a proven track record in space systems, Rokar 
			  offers services in development, manufacture and qualification of 
			  radiation-tolerant systems. Bezhalel (Butzi) Machlis, Elbit Systems President 
			  & CEO, said, “There is increasing demand for our networked 
			  precision fire solutions. Rokar’s technologies are integrated in 
			  our solutions and the acquisition will further enhance our 
			  capabilities in this growing area of activity.” 
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