Boeing Liable for $940 Million Under Proposed Plea Agreement

Prosecutors accused Boeing of conspiring to defraud the Federal Aviation Administration by withholding information.

Boeing 737 Max aircraft are assembled at the Boeing Renton Factory in Renton, Wash., on June 25, 2024. Jennifer Buchanan/AFP via Getty Images

Boeing has agreed to pay $942 million in penalties in a proposed plea agreement over a conspiracy charge stemming from two fatal crashes in 2018 and 2019.

In 2021, the Department of Justice (DOJ) charged Boeing with defrauding the Federal Aviation Administration Aircraft Evaluation Group regarding the deadly Boeing 737 Max 8 plane crashes. In a deferred prosecution agreement at the time, the company agreed to pay a $243.6 million fine and comply with new safety obligations.