Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion to improve plane quality and safety amidst scrutiny by Congress, airlines, and the Department of Justice. This move aims to reverse the previous strategy of outsourcing key work, which resulted in disruptions to production and delivery of Boeing jetliners.
Concerns about safety intensified after an Alaska Airlines 737 Max 9 incident, leading to increased oversight of Boeing and Spirit by the Federal Aviation Administration. Boeing faces pressure from the U.S. Justice Department to plead guilty to criminal fraud related to past plane crashes involving its 737 Max jetliners.
The Justice Department highlighted Boeing's violation of a 2021 settlement, which allowed the company to avoid prosecution for actions leading to crashes in Ethiopia and Indonesia that claimed 346 lives. The crashes were attributed to a flawed sensor in a flight-control system.
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