Boeing Pleads Guilty in 737 Max Fraud Case

Boeing has agreed to plead guilty to defrauding the U.S. government over the safety of its 737 Max aircraft, following two fatal crashes that killed 346 people. The plea deal involves a $243.6 million fine, $455 million in safety and compliance investments, and a three-year safety monitoring period. Victims' families and their attorneys have strongly criticized the agreement as insufficient and plan to ask a federal judge to reject it. Experts believe the financial impact on Boeing will be minimal, and the company is expected to retain its defense contracts despite the felony conviction. Boeing’s agreement aims to avoid a lengthy trial, but it has sparked outrage over the perceived lack of accountability and justice. The plea agreement must still be approved by a judge to take effect.