Boeing Enters Non-Prosecution Agreement with DOJ

Details

Department of Justice, resolving matters related to the Department's determination that the Company did not fulfill its obligations under a previously disclosed Deferred Prosecution Agreement. The NPA imposes a $487.2 million criminal monetary penalty, of which $243.6 million was paid in 2021 and the remaining $243.6 million was expensed in 2024. The NPA also requires Boeing to pay $444.5 million in compensation to the heirs and beneficiaries of those who died in the Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents, invest $455.0 million in compliance, safety, and quality programs, retain an independent compliance consultant, and undertake a review of its internal controls and policies. The NPA has a term of two years, subject to extension or earlier termination. The NPA is filed as Exhibit 10.1 to this report.

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Exhibits (1)

About Boeing Co.

Boeing Co. is a global leader in aerospace and defense, renowned for its significant contributions to the aviation industry. The company designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. Beyond commercial aircraft, Boeing provides products and services to the defense and space sectors, including military aircraft and advanced technology systems. This dual focus allows Boeing to operate at the intersection of commercial aviation and defense industries. As the manufacturer of some of the world’s most widely used aircraft, such as the 737, 777, and the Dreamliner series, Boeing plays a crucial role in international air travel and cargo transit. Its innovations impact various industries, including manufacturing, national defense, and space exploration. Headquartered in Chicago, Illinois, Boeing remains a pivotal player in advancing technological frontiers and supporting global infrastructure through its aerospace and defense capabilities.