(The Hill) -- Boeing has agreed to plead guilty in the criminal case over two deadly crashes involving its 737 Max jetliners, the Department of Justice (DOJ) said in a Sunday night court filing.
Under the deal, which still requires a federal judge's approval, Boeing agreed to pay a $487.2 million fine and invest at least $455 million in its safety and compliance programs, according to the filing in the Federal District Court for the Northern District of Texas.
The agreement was filed hours before the deadline for Boeing to respond to the offer and avert a criminal trial. Boeing confirmed to The Hill that it reached a deal but had no further comment.
It comes nearly two months after the DOJ found Boeing violated a 2021 settlement related to two crashes in 2018 and 2019 involving Boeing's 737 Max jetliners. The crashes killed 346 people in total.
Prosecutors in 2021 alleged Boeing committed conspiracy to defraud the government by misleading regulators about a flight-control system involved in the crashes. Read Entire Article