Boeing agreed to pay a $487.2 million fine and invest at least $455 million over the next three years to strengthen its compliance and safety programmes.
The company has been put on probation, supervised by the Federal District Court for the Northern District of Texas, for three years.
The charge of conspiring to defraud the federal government was as “the most serious readily provable offence”, said the US Justice Department.
Boeing reached with the Justice Department in 2021 that it would make significant safety changes after the two deadly crashes but failed to folliw through.
346 people died in the two crashes in Indonesia and Ethiopia.
Boeing has already paid $500 million to the victims’ families and $243.6 million in fines. A judge will decide whether the $246.3 million fine can be set against the €487.2 million fine
