U.S. Justice Department Nears Plea Agreement with Boeing
The U.S. Justice Department announced substantial progress in finalizing a plea agreement with Boeing regarding a criminal fraud conspiracy. Boeing has agreed in principle to plead guilty and pay a $243.6 million fine. The final agreement details are expected next week.
Devdiscourse News Desk | Washington DC | Updated: 19-07-2024 04:15 IST | Created: 19-07-2024 04:15 IST
![U.S. Justice Department Nears Plea Agreement with Boeing](https://devdiscourse.blob.core.windows.net/aiimagegallery/23_06_2024_13_58_41_7661409.png)
- Country:
- United States
The U.S. Justice Department reported substantial progress on Thursday toward finalizing a plea agreement with Boeing but does not anticipate revealing the details before Wednesday.
Boeing agreed in principle on July 7 to plead guilty to a criminal fraud conspiracy charge and to pay a fine of $243.6 million. The Justice Department previously highlighted in May that Boeing had violated a 2021 deferred prosecution agreement.
The resolution comes as part of ongoing accountability efforts following the company's previous legal issues.
(With inputs from agencies.)
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