COVID Stimulus Watch Individual Entry
Recipient Company:
MEDTRONIC, INC.
Contract Amount:
$413,500
Recipient Details
Ownership Structure: publicly traded (ticker symbol MDT)
Facility Street Address: 710 MEDTRONIC PKWY
Facility City: MINNEAPOLIS
Facility State: MN
Facility Zip Code: 554405603
Facility Congressional District: MN-5
Facility NAICS Code: 339113 : Surgical Appliance and Supplies Manufacturing
Award Details
Award Date: Jul 16, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: MEDICAL AND SURGICAL INSTRUMENTS, EQUIPMENT, AND SUPPLIES
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Medtronic
Headquartered in: Ireland
Parent Sector: medical equipment and supplies
Parent Industry: medical devices
Employees (prior to pandemic): 90,000
Accountability Issues Since 2010
Employment-related Penalties: $3,702,834
Government-contracting-related Penalties: $58,447,947
Environmental / Healthcare / Safety Penalties: $330,028,755
Consumer Protection / Financial / Competition-related Penalties: $23,840,750
Ratio of CEO Pay to that of Median Worker: 240 to 1
CEO Compensation: $17,796,325
Worker Median Pay: $74,206
Total Federal, State, and Local Subsidies: $19,104,525
Violation Tracker