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Violation Tracker Individual Record

Company: Boeing
Current Parent CompanyBoeing
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $698,600,000
Year: 2024
Date: July 7, 2024
Offense Group: safety-related offenses
Primary Offense: aviation safety violation
Mega-ScandalBoeing 737 Max
Violation Description: The Justice Department submitted a filing to a federal court saying it had reached an agreement in principle with Boeing under which the company would plead guilty to the charge of conspiring to defraud the government in connection with claims about the safety of the 737 Max, the airliner involved in two deadly crashes. The company also agreed to pay a criminal fine of $243.6 million and spend $455 million to improve its compliance and safety programs.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
Source of Data(click here)
Archived Source(click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.