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Company: DRS Technical Services Inc.
Current Parent Company:
Leonardo S.p.A.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $13,700,000
Year: 2014
Date: October 7, 2014
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: DRS Technical Services Inc. agreed to pay $13.7 million to settle allegations that it violated the False Claims Act by knowingly overbilling the government for work performed by DRS personnel who lacked the job qualifications required by the contract.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Italy
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.