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<FILENAME>ex4tojune2003.txt
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                                    EXHIBIT 4


Elbit Systems'  Subsidiary El-Op Reveals New System for Protection Of Commercial
Airliners Against Shoulder-Fired Surface-to-Air Missiles

Monday June 2, 6:35 am ET

HAIFA, Israel, June 2 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq: ESLT
- News),  today announced that its wholly owned  subsidiary Elop  Electro-Optics
Industries Ltd. (El-Op),  has completed a critical stage in the development of a
breakthrough system, MUSIC (Multi-Spectral Infrared Countermeasure), designed to
protect civilian aircraft from shoulder-fired surface-to-air missiles.

MUSIC addresses the increasing global threat to commercial aircraft  passengers,
which  have   become  the   targets  of   terrorist   organizations   worldwide.
Incorporating  El-Op's  expertise in the  development and deployment of advanced
laser  sources,  infrared  cameras  (FLIRs),  gimbals,  system  integration  and
aircraft installation, MUSIC is designed to provide first-of-its-kind protection
against shoulder-fired missiles.

MUSIC is an automatic system,  which detects,  acquires,  tracks and counters an
incoming missile,  without the need for pilot intervention.  At the heart of the
system  is  the  new  laser  technology  pioneered  by  El-Op  in  an  intensive
development  program dedicated to this  application.  By emitting a narrow laser
beam towards the missile and jamming its guidance  system,  MUSIC is designed to
cause the missile to veer off course and miss the aircraft.
The system is comprehensive, cost effective, highly accurate and able to counter
a wide range of missiles.  Furthermore,  the system is inherently safe, as it is
based on eye safe  electro-optics,  rather than flares,  which is a particularly
important factor in receiving FAA and other civil authority certification.

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,  in the areas of
aerospace, ground and naval systems, command, control, communications, computers
and  intelligence  (C4I) and advanced  electro-optic  technologies.  The Company
focuses on the  upgrading of existing  military  platforms  and  developing  new
technologies for defense and homeland security applications.


     Contact:
     Arie Tal, Corporate Secretary      Marilena LaRosa
     Ilan Pacholder, VP Finance         The Anne McBride Company
     Elbit Systems Ltd.                  Tel: 212-983-1702
     Tel: 972-4 831-6632                Fax: 212-983-1736
     Fax: 972-4 831-6659                mlarosa@annemcbride.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.


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