<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>4
<FILENAME>exhbit10_2.txt
<DESCRIPTION>10.2
<TEXT>
                                                                    Exhibit 10.2

                         CONSENT OF INDEPENDENT AUDITORS

         We consent to the incorporation by reference in the registration
statement of Elbit Systems Ltd. on Form S-8 (File No. 333-9354) pertaining to
the employees stock option plan of our report dated March 24, 2003, with respect
to the consolidated financial statements of Elbit Systems Ltd. and subsidiaries
included in this Annual Report on Form 20-F for the year ended December 31,
2004.

                                         /s/   Luboshitz Kasierer
                                         ------------------------
                                               Luboshitz Kasierer
                              An Affiliate Member of Ernst & Young International


Haifa, Israel, June 27, 2005
</TEXT>
</DOCUMENT>
