BAE Systems garners U.S. Treasury contract to safeguard nation's financial systems
NewsMay 18, 2017
MCLEAN, Va. The U.S. Department of the Treasury has selected BAE Systems to be among a group of federally-approved contractors to support the agency?s Office of Terrorism and Financial Intelligence (TFI) in safeguarding the U.S. financial system against threats posed by rogue nations, terrorist facilitators, drug cartels, and other threats to national security. The maximum life cycle value of all task orders to be awarded under the contract is estimated at $135 million.
BAE Systems and the other contractors will be allowed to compete for future task order contracts to assist TFI in researching, analyzing, and documenting complex financial, trade, and other business activities to support federal financial investigations and prosecutions.
BAE Systems offers the U.S. government finance intelligence analysis and mission support as government agencies investigate threats against the financial system; the company also works closely with commercial financial institutions across the globe to build and refine defense-grade, anti-money-laundering technologies.
