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Elbit Systems Ltd – ‘20-F’ for 12/31/17 – ‘EX-15.1’

On:  Tuesday, 3/20/18, at 6:14am ET   ·   For:  12/31/17   ·   Accession #:  1628280-18-3366   ·   File #:  0-28998

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/20/18  Elbit Systems Ltd                 20-F       12/31/17  152:18M                                    Workiva Inc Wde… FA01/FA

Annual Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML   2.63M 
 2: EX-4.2      Instrument Defining the Rights of Security Holders  HTML    128K 
 3: EX-8        Opinion of Counsel re: Tax Matters                  HTML     40K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     45K 
 7: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     44K 
 4: EX-12.1     Statement re: Computation of Ratios                 HTML     50K 
 5: EX-12.2     Statement re: Computation of Ratios                 HTML     50K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     44K 
15: R1          Document And Entity Information                     HTML     66K 
16: R2          Consolidated Balance Sheets                         HTML    155K 
17: R3          Consolidated Balance Sheets (Parenthetical)         HTML     54K 
18: R4          Consolidated Statements Of Income                   HTML    104K 
19: R5          Consolidated Statements Of Comprehensive Income     HTML     67K 
20: R6          Consolidated Statements Of Comprehensive Income     HTML     45K 
                (Parenthetical)                                                  
21: R7          Statements Of Changes In Equity                     HTML     87K 
22: R8          Statements Of Changes In Equity (Parenthetical)     HTML     44K 
23: R9          Consolidated Statements Of Cash Flows               HTML    149K 
24: R10         Consolidated Statements Of Cash Flows Supplemental  HTML     66K 
                Schedules                                                        
25: R11         Consolidated Statements Of Cash Flows               HTML     44K 
                (Parenthetical)                                                  
26: R12         General                                             HTML     74K 
27: R13         Significant Accounting Policies                     HTML    307K 
28: R14         Trade And Unbilled Receivables, Net                 HTML     60K 
29: R15         Other Receivables And Prepaid Expenses              HTML     54K 
30: R16         Inventories, Net Of Customer Advances               HTML     59K 
31: R17         Investments In Affiliated Companies, Partnerships   HTML    122K 
                And Other Companies                                              
32: R18         Long-Term Trade And Unbilled Receivables            HTML     51K 
33: R19         Long-Term Bank Deposits And Other Receivables       HTML     53K 
34: R20         Available-For-Sale Marketable Securities            HTML     74K 
35: R21         Property, Plant And Equipment, Net                  HTML     70K 
36: R22         Goodwill And Other Intangible Assets, Net           HTML     84K 
37: R23         Short-Term Bank Credit And Loans                    HTML     52K 
38: R24         Other Payables And Accrued Expenses                 HTML     66K 
39: R25         Customer Advances In Excess Of Costs Incurred On    HTML     57K 
                Contracts In Progress                                            
40: R26         Long-Term Loans, Net Of Current Maturities          HTML     71K 
41: R27         Series A Notes, Net Of Current Maturities           HTML     74K 
42: R28         Benefit Plans And Obligations For Termination       HTML    236K 
                Indemnity                                                        
43: R29         Taxes On Income                                     HTML    226K 
44: R30         Derivative Financial Instruments                    HTML    116K 
45: R31         Commitments And Contingent Liabilities              HTML     77K 
46: R32         Shareholders' Equity                                HTML    105K 
47: R33         Major Customer And Geographic Information           HTML     94K 
48: R34         Research And Development Expenses, Net              HTML     54K 
49: R35         Financial Expenses, Net                             HTML     70K 
50: R36         Other Income, Net                                   HTML     56K 
51: R37         Related Parties Transactions And Balances           HTML     65K 
52: R38         Valuation And Qualifying Accounts                   HTML    106K 
53: R39         Significant Accounting Policies (Policy)            HTML    329K 
54: R40         General (Tables)                                    HTML     54K 
55: R41         Significant Accounting Policies (Tables)            HTML    166K 
56: R42         Trade And Unbilled Receivables, Net (Tables)        HTML     54K 
57: R43         Other Receivables And Prepaid Expenses (Tables)     HTML     53K 
58: R44         Inventories, Net Of Customer Advances (Tables)      HTML     60K 
59: R45         Investments In Affiliated Companies, Partnerships   HTML    120K 
                And Other Companies (Tables)                                     
60: R46         Long-Term Trade And Unbilled Receivables (Tables)   HTML     50K 
61: R47         Long-Term Bank Deposits And Other Receivables       HTML     53K 
                (Tables)                                                         
62: R48         Available-For-Sale Marketable Securities (Tables)   HTML     78K 
63: R49         Property, Plant And Equipment, Net (Tables)         HTML     70K 
64: R50         Goodwill And Other Intangible Assets, Net (Tables)  HTML     83K 
65: R51         Short-Term Bank Credit And Loans (Tables)           HTML     53K 
66: R52         Other Payables And Accrued Expenses (Tables)        HTML     66K 
67: R53         Customer Advances In Excess Of Costs Incurred On    HTML     56K 
                Contracts In Progress (Tables)                                   
68: R54         Long-Term Loans, Net Of Current Maturities          HTML     75K 
                (Tables)                                                         
69: R55         Series A Notes, Net Of Current Maturities (Tables)  HTML     59K 
70: R56         Benefit Plans And Obligations For Termination       HTML    229K 
                Indemnity (Tables)                                               
71: R57         Taxes On Income (Tables)                            HTML    182K 
72: R58         Derivative Financial Instruments (Tables)           HTML    118K 
73: R59         Commitments And Contingent Liabilities (Tables)     HTML     49K 
74: R60         Shareholders' Equity (Tables)                       HTML    100K 
75: R61         Major Customer And Geographic Information (Tables)  HTML     99K 
76: R62         Research And Development Expenses, Net (Tables)     HTML     53K 
77: R63         Financial Expenses, Net (Tables)                    HTML     70K 
78: R64         Other Income, Net (Tables)                          HTML     56K 
79: R65         Related Parties Transactions And Balances (Tables)  HTML     63K 
80: R66         General (Narrative) (Details)                       HTML    137K 
81: R67         General (Details)                                   HTML     78K 
82: R68         Significant Accounting Policies (Narrative)         HTML    162K 
                (Details)                                                        
83: R69         Significant Accounting Policies (Changes In         HTML     77K 
                Accumulated Other Comprehensive Income By                        
                Components) (Details)                                            
84: R70         Significant Accounting Policies (Schedule Of        HTML     60K 
                Estimated Useful Life Of Assets) (Details)                       
85: R71         Significant Accounting Policies (Schedule Of        HTML     53K 
                Warranty Liability) (Details)                                    
86: R72         Significant Accounting Policies (Schedule Of        HTML     78K 
                Assets And Liabilities Measured At Fair Value On                 
                Recurring Basis) (Details)                                       
87: R73         Trade And Unbilled Receivables, Net (Details)       HTML     60K 
88: R74         Other Receivables And Prepaid Expenses (Details)    HTML     57K 
89: R75         Inventories, Net Of Customer Advances (Details)     HTML     61K 
90: R76         Investments In Affiliated Companies, Partnership    HTML     50K 
                And Other Companies (Investments In Affiliated                   
                Companies) (Details)                                             
91: R77         Investments In Affiliated Companies, Partnership    HTML    117K 
                And Other Companies (Investments In Companies                    
                Accounted For Under The Equity Method) (Details)                 
92: R78         Investments In Affiliated Companies, Partnership    HTML     63K 
                And Other Companies (Schedule Of Equity In Net                   
                Earnings Of Affiliated Companies) (Details)                      
93: R79         Investments In Affiliated Companies, Partnership    HTML     68K 
                And Other Companies (Balance Sheet Information)                  
                (Details)                                                        
94: R80         Investments In Affiliated Companies, Partnership    HTML     52K 
                And Other Companies (Income Statement Information)               
                (Details)                                                        
95: R81         Long-Term Trade And Unbilled Receivables (Details)  HTML     49K 
96: R82         Long-Term Bank Deposits And Other Receivables       HTML     54K 
                (Details)                                                        
97: R83         Available-For-Sale Marketable Securities            HTML     44K 
                (Narrative) (Details)                                            
98: R84         Available-For-Sale Marketable Securities            HTML     59K 
                (Available-For-Sale Marketable Securities)                       
                (Details)                                                        
99: R85         Available-For-Sale Marketable Securities            HTML     54K 
                (Contractual Maturities Of The Available-For-Sale                
                Marketable Securities) (Details)                                 
100: R86         Property, Plant And Equipment, Net (Narrative)      HTML     48K  
                (Details)                                                        
101: R87         Property, Plant And Equipment, Net (Schedule Of     HTML     79K  
                Property, Plant And Equipment, Net) (Details)                    
102: R88         Goodwill And Other Intangible Assets, Net           HTML     45K  
                (Narrative) (Details)                                            
103: R89         Goodwill And Other Intangible Assets, Net           HTML     61K  
                (Schedule Of Aggregate Goodwill And Other                        
                Intangible Assets) (Details)                                     
104: R90         Goodwill And Other Intangible Assets, Net           HTML     56K  
                (Estimated Aggregate Amortization Expense)                       
                (Details)                                                        
105: R91         Goodwill And Other Intangible Assets, Net           HTML     52K  
                (Schedule Of Goodwill) (Details)                                 
106: R92         Short-Term Bank Credit And Loans (Details)          HTML     57K  
107: R93         Other Payables And Accrued Expenses (Details)       HTML     73K  
108: R94         Customer Advances In Excess Of Costs Incurred On    HTML     57K  
                Contracts In Progress (Details)                                  
109: R95         Long-Term Loans, Net Of Current Maturities          HTML     73K  
                (Summary Of Long-Term Loans, Net Of Current                      
                Maturities) (Details)                                            
110: R96         Long-Term Loans, Net Of Current Maturities          HTML     56K  
                (Summary Of Maturities Of Long-Term Loans)                       
                (Details)                                                        
111: R97         Series A Notes, Net Of Current Maturities           HTML    109K  
                (Narrative) (Details)                                            
112: R98         Series A Notes, Net Of Current Maturities           HTML     57K  
                (Schedule Of Series A Notes, Net Of Current                      
                Maturities) (Details)                                            
113: R99         Series A Notes, Net Of Current Maturities           HTML     56K  
                (Schedule Of Future Principal Payments For The                   
                Series A Notes) (Details)                                        
114: R100        Benefit Plans And Obligations For Termination       HTML     83K  
                Indemnity (Narrative) (Details)                                  
115: R101        Benefit Plans And Obligations For Termination       HTML    105K  
                Indemnity (Plans' Funded Status And Amounts                      
                Recognized In The Consolidated Financial                         
                Statements) (Details)                                            
116: R102        Benefit Plans And Obligations For Termination       HTML     65K  
                Indemnity (Components Of The Plans Net Periodic                  
                Pension Cost) (Details)                                          
117: R103        Benefit Plans And Obligations For Termination       HTML     57K  
                Indemnity (Weighted Average Assumptions) (Details)               
118: R104        Benefit Plans And Obligations For Termination       HTML     60K  
                Indemnity (Asset Allocation By Category) (Details)               
119: R105        Benefit Plans And Obligations For Termination       HTML     49K  
                Indemnity (Target Asset Allocation For The Plan)                 
                (Details)                                                        
120: R106        Benefit Plans And Obligations For Termination       HTML     80K  
                Indemnity (Fair Value Of The Asset Values By                     
                Category) (Details)                                              
121: R107        Benefit Plans And Obligations For Termination       HTML     51K  
                Indemnity (Effect Of A 1% Change In The Health                   
                Care Cost Trend Rate) (Details)                                  
122: R108        Taxes On Income (Narrative) (Details)               HTML    148K  
123: R109        Taxes On Income (Schedule Of Income Before Taxes    HTML     49K  
                On Income) (Details)                                             
124: R110        Taxes On Income (Schedule Of Taxes On Income)       HTML     77K  
                (Details)                                                        
125: R111        Taxes On Income (Schedule Of Uncertain Tax          HTML     59K  
                Positions) (Details)                                             
126: R112        Taxes On Income (Schedule Of Deferred Income        HTML     73K  
                Taxes) (Details)                                                 
127: R113        Taxes On Income (Schedule Of Deferred Taxes As      HTML     45K  
                Reflected In The Balance Sheet) (Details)                        
128: R114        Taxes On Income (Schedule Of Effective Income Tax   HTML     80K  
                Rate Reconciliation) (Details)                                   
129: R115        Derivative Financial Instruments (Narrative)        HTML     47K  
                (Details)                                                        
130: R116        Derivative Financial Instruments (Schedule Of       HTML     62K  
                Derivative Instruments In Statement Of Financial                 
                Position, Fair Value) (Details)                                  
131: R117        Derivative Financial Instruments (Effect Of         HTML     57K  
                Derivative Instruments On Cash Flow Hedging And                  
                Relationship Between Income And Other                            
                Comprehensive Income) (Details)                                  
132: R118        Derivative Financial Instruments (Notional Amounts  HTML     64K  
                Of Outstanding Foreign Exchange Forward Contracts)               
                (Details)                                                        
133: R119        Commitments And Contingent Liabilities (Narrative)  HTML     69K  
                (Details)                                                        
134: R120        Commitments And Contingent Liabilities (Future      HTML     58K  
                Minimum Lease Commitments) (Details)                             
135: R121        Shareholders' Equity (Narrative) (Details)          HTML     59K  
136: R122        Shareholders' Equity (Summary Of Share Option       HTML     45K  
                Activity Under The Stock Option Plan) (Details)                  
137: R123        Shareholders' Equity (Summary Of Options            HTML     45K  
                Outstanding Separated Into Ranges Of Exercise                    
                Prices) (Details)                                                
138: R124        Shareholders' Equity (Compensation Expenses)        HTML     54K  
                (Details)                                                        
139: R125        Shareholders' Equity (Computation Of Basic And      HTML     61K  
                Diluted Net Earnings Per Share) (Details)                        
140: R126        Major Customer And Geographic Information           HTML     58K  
                (Schedule Of Revenue By Geographic Areas)                        
                (Details)                                                        
141: R127        Major Customer And Geographic Information           HTML     57K  
                (Schedule Of Revenues By Areas Of Operations)                    
                (Details)                                                        
142: R128        Major Customer And Geographic Information           HTML     47K  
                (Schedule Of Major Customer Data) (Details)                      
143: R129        Major Customer And Geographic Information           HTML     51K  
                (Schedule Of Long-Lived Assets By Geographic                     
                Areas) (Details)                                                 
144: R130        Research And Development Expenses, Net (Details)    HTML     50K  
145: R131        Financial Expenses, Net (Details)                   HTML     63K  
146: R132        Other Income, Net (Details)                         HTML     48K  
147: R133        Related Parties Transactions And Balances           HTML     55K  
                (Details)                                                        
148: R134        Valuation And Qualifying Accounts (Details)         HTML     76K  
150: XML         IDEA XML File -- Filing Summary                      XML    306K  
14: XML         XBRL Instance -- eslt1231201720-fdoc_htm             XML   4.65M 
149: EXCEL       IDEA Workbook of Financial Reports                  XLSX    178K  
10: EX-101.CAL  XBRL Calculations -- eslt-20171231_cal               XML    450K 
11: EX-101.DEF  XBRL Definitions -- eslt-20171231_def                XML   1.23M 
12: EX-101.LAB  XBRL Labels -- eslt-20171231_lab                     XML   3.10M 
13: EX-101.PRE  XBRL Presentations -- eslt-20171231_pre              XML   1.83M 
 9: EX-101.SCH  XBRL Schema -- eslt-20171231                         XSD    389K 
151: JSON        XBRL Instance as JSON Data -- MetaLinks              631±   979K  
152: ZIP         XBRL Zipped Folder -- 0001628280-18-003366-xbrl      Zip    624K  


‘EX-15.1’   —   Letter re: Unaudited Interim Financial Info


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Exhibit 15.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-139512) pertaining to the 2007 Stock Option Plan of Elbit Systems Ltd. of our reports dated March 20, 2018, with respect to the consolidated financial statements and schedule of Elbit Systems Ltd. and the effectiveness of internal control over financial reporting of Elbit Systems Ltd. included in this Annual Report on Form 20-F for the year ended December 31, 2017.
 
By:
 
 
A member of Ernst & Young Global

Tel-Aviv, Israel, March 20, 2018









Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘20-F’ Filing    Date    Other Filings
Filed on:3/20/186-K,  S-8
For Period end:12/31/176-K,  SD
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/29/18  SEC                               UPLOAD1/29/19    2:45K  Elbit Systems Ltd.
10/19/18  SEC                               UPLOAD1/29/19    2:44K  Elbit Systems Ltd.
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Filing Submission 0001628280-18-003366   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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