Finance
Boeing, DOJ tell US judge they have not reached agreement on revised plea deal
Published by Global Banking & Finance Review®
Posted on January 3, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 3, 2025
1 min readLast updated: January 27, 2026
Boeing and the DOJ are negotiating a new plea deal after a judge rejected the previous one. They aim to update the court by Feb. 16.
WASHINGTON (Reuters) - The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision.
Boeing and the government "continue to work in good faith toward" a new agreement, they said in a joint filing. They asked U.S. District Judge Reed O'Connor to give them until Feb. 16 to provide a new update.
In July, Boeing agreed to plead guilty plea to a criminal fraud conspiracy charge in the wake of two fatal 737 MAX crashes. The planemaker also agreed to pay a fine of up to $487.2 million and spend $455 million to improve safety and compliance practices over three years of court-supervised probation as part of the deal.
(Reporting by David Shepardson)
The main topic is Boeing and the DOJ negotiating a new plea deal after a judge rejected the previous one.
The previous plea deal was rejected due to issues with a diversity and inclusion provision.
Boeing agreed to pay a fine of up to $487.2 million and invest $455 million in safety improvements.
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