Boeing will plead guilty to a felony and pay an additional $243.6 million for violating the terms of a 2021 settlement it made with the Department of Justice (DOJ) related to safety lapses that contributed to the crash of two airplanes.

In the settlement, filed Sunday in U.S. District Court for the Northern District of Texas, Boeing agreed to plead guilty to one felony count of making material misstatements to the Federal Aviation Administration (FAA) regarding compliance and safety issues. The company has now paid a total of $487.2 million in criminal penalties related to its 2021 deferred prosecution agreement (DPA).

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...