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.

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.)