regulatory
confidence high
sentiment negative
materiality 0.85
Boeing enters NPA with DOJ; pays $487.2M penalty, $444.5M victim compensation
BOEING CO
- Total criminal monetary penalty of $487.2M; $243.6M paid in 2021, $243.6M expensed in 2024.
- Company to pay $444.5M in additional compensation to crash victim families of Lion Air 610 and Ethiopian 302.
- Boeing must invest at least $455M in compliance, safety, and quality programs through end of NPA term.
- Independent compliance consultant to assess remediation; term of two years from retention.
- DOJ will dismiss criminal information and not further prosecute if Boeing complies.
item 1.01item 9.01