Boeing has agreed to pay over $2.5 billion as part of a three-year deferred prosecution agreement (DPA) entered into with the Department of Justice on Thursday to resolve a criminal charge related to the commercial aerospace manufacturer’s 737 MAX scandal.
The DOJ accused Boeing of conspiracy to defraud the Federal Aviation Administration’s Aircraft Evaluation Group (FAA AEG) during evaluation of the aircraft. Under the agreement, Boeing will pay a criminal penalty of $243.6 million and provide $500 million in additional compensation to the families of passengers killed in two 737 MAX crashes. The remaining $1.77 billion will be paid to airline customers for financial losses resulting from the grounding of the aircraft.
