financetom
Business
financetom
/
Business
/
Boeing working with DOJ on revised plea deal, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing working with DOJ on revised plea deal, CEO says
Apr 2, 2025 10:05 AM

WASHINGTON, April 2 (Reuters) - Boeing ( BA ) is in discussions

with the Justice Department to reach a revised plea agreement

stemming from the planemaker's alleged misrepresentations to

U.S. regulators about a key system on the 737 MAX, company CEO

Kelly Ortberg said Wednesday.

Ortberg said at a Senate hearing the company is in

discussions with the Justice Department to come up with an

alternate agreement after the initial deal was not accepted by a

judge. "I want this resolved as fast as anybody," Ortberg said.

In July, Boeing ( BA ) agreed to plead guilty to a criminal fraud

conspiracy charge after two fatal 737 MAX crashes and to pay a

fine of up to $487.2 million A judge set a June 23 trial date if

no final agreement is reached.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved