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Company: Bradken Inc.
Current Parent Company:
Hitachi
Parent at the Time of the Penalty Announcement:
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Penalty: $10,896,924
Year: 2020
Date: June 16, 2020
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Bradken Inc. paid $10,896,924 to resolve allegations that Bradken produced and sold substandard steel components for installation on U.S. Navy vessels. The United States alleged that a Bradken employee knowingly falsified test results to conceal the fact that the components did not meet the Navy's specifications.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
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.