IACOA was founded in 1971 to provide a networking association for the growing number of privately owned armored car companies in the United States. Fifty-four (54) years later, it now has members servicing customers around the world. While the Cash In Transit Industry (CIT) is relatively small in size, it looms large in the safe and efficient movement of our nation’s wealth. Literally billions of dollars each day are transported safely around the United States and the world by armored vehicles and airplanes. Without this basic, secure, and reliable service, our financial markets would grind to a halt. IACOA Drives The Armored Car Industry Forward.