Boeing CEO Dave Calhoun, Washington, DC, June 18, 2024.The US Justice Department will criminally charge Boeing with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, two people familiar with the matter said on Sunday .
Boeing and the Justice Department declined to comment. Reuters was first to report the Justice Department's decision to prosecute Boeing and seek a guilty plea. A guilty plea could also carry implications for Boeing's ability to enter into government contracts such as those with the US military that make up a significant portion of its revenue. Companies with felony convictions can receive waivers, and it remained unclear to what extent the Justice Department's proposed plea deal addresses the issue.
A panel blew off a new Boeing 737 MAX 9 jet during a Jan 5 Alaska Airlines flight, just two days before a 2021 deferred prosecution agreement with the Justice Department expired. Boeing could also likely be forced to pay restitution under the proposal's terms, the amount of which will be at a judge's discretion, the sources said. The offer also contemplates subjecting Boeing to three years of probation, they said.
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