Boeing (NYSE: BA) Under Close Watch: FAA to Alert DOJ of Any Criminal Conduct

The head of the Federal Aviation Administration will tell a U.S. Senate panel on Wednesday that the agency will remain engaged with the Justice Department on oversight of Boeing (NYSE: BA).

FAA Administrator Mike Whitaker will tell the Senate Permanent Subcommittee on Investigations that the agency will “expeditiously provide notice, in real-time, of any activities that may be criminal so that DOJ can take any action they deem appropriate,” according to written testimony seen by Reuters.

Boeing (NYSE: BA) agreed to plead guilty plea to a criminal fraud conspiracy charge and pay at least $243.6 million in July after breaching a 2021 agreement with the U.S. Justice Department, according to a court filing.

(Source: ReutersReuters)

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