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Violation Tracker Individual Record

Company: Textron Inc.
Current Parent Company: Textron
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $1,150,000
Year: 2007
Date: August 23, 2007
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: The Department of Justice entered into an agreement with Textron Inc. requiring the payment of a $1.15 million fine as part of the Department's ongoing investigation into the United Nations Oil for Food program.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: non-prosecution agreement
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
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.