The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S.…
Boeing issued a statement saying the company “will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen" those programswas filed in federal district court in Texas. The American company and the Justice Department reached a deal on the guilty plea and the agreement's broad terms earlier this month.
The deal calls for the appointment of an independent compliance monitor, three years of probation and a $243.6 million fine. It also requires Boeing to invest at least $455 million “in its compliance, quality, and safety programs.”Boeing issued a statement saying the company “will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen" those programs.
Max planes crashed in 2018 in Indonesia and 2019 in Ethiopia after a faulty reading from the sensor pushed the nose down and pilots were unable to regain control. After the second crash, Max jets were grounded worldwide until the company redesigned MCAS to make it less powerful and to use signals from two sensors, not just one.Boeing avoided prosecution in 2021 by reaching a $2.5 billion settlement with the Justice Department that included a previous $243.6 million fine.
In Wednesday's filing, the Justice Department said that Boeing “took considerable steps” to improve its anti-fraud compliance program since 2021, but the changes “have not been fully implemented or tested to demonstrate that they would prevent and detect similar misconduct in the future.”
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