Transportation
Boeing in Talks to Preserve US Government Contracts Business
- Planemaker has agreed to plead guilty to criminal charge
- Defense contracts vital as company’s commercial side struggles
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Boeing Co. is discussing a potential path forward with the US Defense Department to preserve its government contract business after the company agreed to plead guilty to a criminal charge tied to two fatal crashes of its 737 Max jet, according to a person familiar with the discussions.
A Pentagon spokesperson separately said on Monday that the department will assess the plea agreement and related matters to “make a determination as to what steps are necessary and appropriate to protect the federal government.”