Trump Finalizes USD 1.2 Trn US-Qatar Deal in Aviation, Energy & Tech Sectors

US President Donald Trump announced several agreements with Qatar valued at more than $243.5 billion, as part of a larger economic exchange worth at least $1.2 trillion.

The agreements, signed during a visit to Qatar, cover a wide range of industries, from aviation and energy to defense and quantum technologies. The agreements, which include a landmark Boeing-GE Aerospace sale to Qatar Airways (Boeing's largest-ever widebody order), are expected to support over 1 million US jobs and deepen strategic cooperation between Washington and Doha.

On Wednesday, the White House issued a statement that read, "Today in Qatar, President Donald J. Trump signed an agreement with Qatar to generate an economic exchange worth at least $1.2 trillion. President Trump also announced economic agreements worth more than $243.5 billion between the United States and Qatar, including the historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways."

The statement went on to say, "The landmark deals celebrated today will drive innovation and prosperity for generations, strengthen American manufacturing and technological leadership, and set America on the path to a new Golden Age. Allies such as Qatar are working together to ensure the United States' success.

Qatar Airways has placed a $96 billion order for up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines. This is Boeing's largest ever widebody and 787 order. This historic agreement will support 154,000 US jobs per year, for a total of more than 1 million jobs in the United States during the production and delivery of this deal.

According to the White House, Qatar will invest up to USD 1 billion in cutting-edge quantum technologies and workforce development through the Joint Venture, thereby supporting US and Qatari jobs and leadership in this critical emerging technology.

"Today's signings demonstrate President Trump's intention to accelerate Qatar's defense investment in the US-Qatar security partnership, thereby increasing regional deterrence and benefiting the US industrial base." The defense deals signed today secure Qatar's acquisition of cutting-edge military equipment from two leading US defense companies," the White House added.

Raytheon, an RTX company, signed a USD 1 billion agreement for Qatar's acquisition of counter-drone capabilities. This agreement makes Qatar the first international customer for Raytheon's Fixed Site - Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS), which is designed to counter unmanned aircraft. The agreement directly benefits high-skilled manufacturing and engineering jobs in the United States and reinforces the country's leadership in innovative defense technologies.

The US and Qatari governments signed a nearly USD 2 billion agreement for Qatar to acquire the MQ-9B remotely piloted aircraft system from General Atomics. This agreement will strengthen the US-Qatar bilateral relationship while also providing the Qatari Armed Forces with the world's most advanced multi-mission remotely piloted aircraft powered by American-made products.

The US and Qatar also signed a statement of intent to strengthen their security partnership, outlining over USD 38 billion in potential investments, including support for burden-sharing at Al Udeid Air Base and future defense capabilities in air defense and maritime security.

The White House added, "These new agreements and instruments aim to drive the growth of the US-Qatar bilateral commercial relationship, create thousands of well-paying jobs, and open up new trade and investment opportunities for both countries over the next decade and beyond."

The US president is on a four-day trip to the Gulf, where he first visited Saudi Arabia, which also hosted his first state visit during his first term in office, from 2016 to 2020. His final stop would be the UAE.