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Violation Tracker Individual Record

Company: Boeing Company
Current Parent CompanyBoeing
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $51,000,000
Year: 2024
Date: February 28, 2024
Offense Group: competition-related offenses
Primary Offense: export control violation
Mega-ScandalSanctions Violations
Violation Description: Boeing was fined $51 million for export control violations related to unauthorized transfers of technical data relating to military contracts to foreign parties in countries such as China. The State Department suspended $24 million of the total on the condition that Boeing use that amount to fund a remedial compliance effort.`
Level of Government: federal
Action Type: agency action
Agency: State Department Directorate of Defense Trade Controls
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.