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Violation Tracker Individual Record

Company: Bell Helicopter Textron Inc.
Current Parent CompanyTextron
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $3,718,770
Year: 2010
Date: May 26, 2010
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Bell Helicopter Textron Inc. agreed to pay the United States an additional $3,718,770 to resolve civil claims arising from the company's cost charging practices on some of its contracts with the government. In August 2004, Bell had notified the Defense Department's Inspector General that its billing of the costs of certain subcontracts, work transfers, and other transactions with its subsidiaries, divisions, and affiliated companies had resulted in overcharges to the government. The company submitted a report in 2006 describing its conduct and the financial impact on the government and paid the government $12,851,248.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.