Boeing Reports Safety Progress, Seeks Revised DOJ Deal

Boeing CEO Kelly Ortberg testified before the U.S. Senate on the company's progress in addressing safety and manufacturing concerns following a near-catastrophic incident involving an Alaska Airlines flight. Ortberg highlighted significant changes in Boeing's organizational structure and processes aimed at enhancing safety, including a commitment to a fully functioning safety management system by October. The Senate hearing also included discussions about Boeing's ongoing negotiations with the Justice Department regarding a revised plea agreement related to past federal fraud charges. Ortberg acknowledged the need for continued improvement and emphasized the role of employee feedback in shaping their safety initiatives. Senators expressed their support for Boeing's turnaround efforts, stressing the importance of accountability in preventing future accidents. The testimony came as Boeing seeks to recover from the reputational damage caused by prior incidents, including the 737 Max crashes.