The Justice Department said in May that Boeing violated its 2021 settlement by failing to implement a certain compliance program.
Under the deal, Boeing agreed to pay a $243.6 million fine and for an third-party monitor to be installed to monitor the company's complaince.
The deal spares Boeing from a trial just as the planemaker is trying to turn a corner in its safety and manufacturing crises.will plead guilty to a criminal fraud charge tied to the fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said the aerospace giant violated aThe plea deal, outlined in a filing late Sunday, requires the approval of a federal judge. Under the deal, Boeing would pay a $243.
The plea deal offer forced Boeing to decide between a guilty plea and those terms, or going to trial just as it was seeking to turn a corner in its manufacturing and safety crises, pick a new CEO and acquire its fuselage maker,"We can confirm that we have reached an agreement in principle on terms of a resolution with the Justice Department, subject to the memorialization and approval of specific terms," Boeing said in a statement..
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