Boeing agrees to plead guilty to misleading air-safety regulators regarding two 737 MAX crashes, resulting in a $244 million criminal fine and $455 million for compliance and safety programs.
Companies with felony convictions like Boeing may face suspension or exclusion as defense contractors, leading to potential challenges in securing government contracts.
Boeing previously paid fines and compensations related to the crashes but faced obstacles due to not informing crash victims' families and failing to maintain an effective compliance program.
The Justice Department places emphasis on the victims and intends to focus on holding companies accountable for their actions, as seen in the case of Boeing pleading guilty.
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