Boeing to admit criminal wrongdoing in connection with 737 Max accidents.

Boeing will plead guilty to a criminal fraud charge related to the 737 Max crashes, following a near-catastrophe in January that led the Justice Department to reevaluate a 2021 settlement that shielded the company from prosecution.

A federal judge must approve the plea deal outlined in a Sunday filing, which calls for Boeing to pay a $243.6 million fine, the same amount it paid in a 2021 settlement.

Boeing has reached an agreement in principle with the Justice Department on resolution terms, pending the finalization and approval of specific details.

This is breaking news. Check back for updates.