Reported about 1 year ago
Facing potential revival of a criminal charge by federal prosecutors, Boeing may choose to plead guilty, but risks include the plea deal being rejected, having to pay hefty fines, and the impact a conviction could have on Boeing’s government contracts and financial stability. A guilty plea could lead to suspension of contracts and inhibit loan acquisitions, particularly troubling for Boeing, a major government contractor and top exporter in the U.S. The potential consequences stem from actions related to a 2020 Boeing 737 Max incident and investigations into prior crashes involving Boeing's Max 737-8 jets, leading to potential revocation of legal protections provided under a deferred prosecution agreement from January 2021.
Source: YAHOO