Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night.

Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence or facing a trial on the felony criminal charge of conspiracy to defraud the United States.

Prosecutors accused the American aerospace giant of deceiving regulators who approved the airplane and pilot-training requirements for it.

The plea deal, which still must receive the approval of a federal judge to take effect, calls for Boeing to pay an additional $243.6 million fine. That was the same amount it paid under the 2021 settlement that the Justice Department said the company breached. An independent monitor would be named to oversee Boeing’s safety and quality procedures for three years.

The plea deal covers only wrongdoing by Boeing before the crashes, which killed all 346 passengers and crew members aboard two new Max jets. It does not give Boeing immunity for other incidents, including a panel that blew off a Max jetliner during an Alaska Airlines flight in January, a Justice Department official said.

17 points

flattery defense contracts will get you everywhere!

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6 points

Now what. They going to fake jail like Orange Hitler.

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160 points

They did it once, then did it again and not only is it still just a fine, the fine didn’t even go up. Given inflation since then, the fine actually went down in real terms.

That’ll teach them for sure! /s

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10 points

“You have to put over $400 million of your own money and launder it back around into the safety department of your own company”

That’ll teach em.

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32 points

The system is broken

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13 points

The system is working perfectly as intended.

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38 points

Damn, I wish I could commit felony fraud and get off with just a fine.

Although, doesn’t the government usually prefer to not work with convicted felons? Does this mean they’ll prefer other companies for contracts, etc.?

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4 points

We’d need to actually have an aviation market instead of (checks notes) two corporations.

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5 points

One. Airbus is foreign competition, just like the Chinese company that now is entering the market.

The US govt will not buy Airbus over Boeing, and will not let airlines overwhelmingly switch to it either.

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5 points

We don’t need Boeing for for passenger jets. We need them for, well let’s just roll out the list.

  • AH-64
  • CH-47
  • V-22
  • F-15
  • F-18
  • C-17
  • KC-46
  • T-7

And I’m getting tired of copying things from their Wikipedia. It goes on into drones and missiles too. So this isn’t about the foreign competition, it’s about keeping a part of our defense industry marginally competitive with Boeing and Lockheed both kicking around.

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1 point

And pay a fine of 1 day’s salary.

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