Elbit Systems to provide processing system for Israeli Money-Laundering Prohibition Authority

Published May 25th, 2003 - 02:00 GMT

Elbit Systems has received a contract for the development and support of an information processing system for the Israeli Money-Laundering Prohibition Authority (IMPA). The contract value exceeds $6.5 million with the system to be implemented within 22 months. 


The project will provide IMPA with an Information Technology (IT) System, which includes a database and a collection center for relevant data from various financial institutions such as banks, insurance companies and customs authorities. 


Israel-based Elbit 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 applications. — (menareport.com) 

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