Key Takeaways Boeing signed a non-prosecution agreement to avoid federal prosecution stemming from deadly 737 Max crashes in 2018 and 2019. The jet maker will pay $1.1 billion as part of the deal, which included investments in compliance programs and payouts to the relatives of those who died in the crashes.

The firm struck the deal with the US Justice Department over crashes crashes that killed 346 people in 2018 and 2019.

The US justice department has struck a deal with Boeing that allows the plane maker to avoid prosecution for defrauding aviation regulators, provided a federal judge approves the agreement, according to a securities filing.