Trump secures USD 1.2 trillion US-Qatar deal spanning aviation, energy

US President Donald Trump announced several agreements with Qatar valued at over USD 2435 billion alongside a broader economic exchange worth at least USD 12 trillionSigned during a visit to Qatar the deals include sectors from aviation and energy to defence and quantum technology Highlighting a landmark BoeingGE Aerospace sale to Qatar AirwaysBoeings largestever widebody orderthe agreements are expected to support over 1 million US jobs and deepen strategic cooperation between Washington and DohaThe White House released a statement on Wednesday stating Today in Qatar President Donald J Trump signed an agreement with Qatar to generate an economic exchange worth at least USD 12 trillion President Trump also announced economic deals totalling more than USD 2435 billion between the United States and Qatar including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar AirwaysThe statement added The landmark deals celebrated today will drive innovation and prosperity for generations bolster American manufacturing and technological leadership and put America on the path to a new Golden Age Allies like Qatar are partnering in the United States successBoeing and GE Aerospace secured a landmark order from Qatar Airways a USD 96 billion agreement to acquire up to 210 Americanmade Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines This is Boeings largestever widebody order and largestever 787 order This historic agreement will support 154000 US jobs annually totalling over 1 million jobs in the United States during the course of production and delivery of this dealAccording to the White House Qatar will invest up to USD 1 billion in stateoftheart quantum technologies and workforce development provided by the Joint Venture supporting US and Qatari jobs and leadership in this critical emerging technologyTodays signings mark President Trumps intent to accelerate Qatars defence investment in the USQatar security partnershipenhancing regional deterrence and benefiting the US industrial base The defence deals secured today lock in Qatars procurement of stateoftheart military equipment from two leading US defence companies the White House addedRaytheon an RTX business secured a USD 1 billion agreement for Qatars acquisition of counterdrone capabilities signed by the US and Qatari governments This deal establishes Qatar as the first international customer for Raytheons Fixed Site Low Slow Small Unmanned Aerial System Integrated Defeat System FSLIDS designed to counter unmanned aircraft The deal directly supports highskilled manufacturing and engineering jobs in the United States and reinforces Americas leadership in innovative defence technologiesGeneral Atomics secured a nearly USD 2 billion agreement for Qatars acquisition of the MQ9B remotely piloted aircraft system signed by the US and Qatari governments This deal will strengthen the USQatar bilateral relationship and provide the Qatari Armed Forces with the most advanced multimission remotely piloted aircraft in the world powered by US products made in AmericaThe United States and Qatar also signed a statement of intent to further strengthen their security partnership outlining over USD 38 billion in potential investments including support for burdensharing at Al Udeid Air Base and future defence capabilities related to air defence and maritime securityThe White House added These new agreements and instruments aim to drive the growth of the USQatar bilateral commercial relationship create thousands of wellpaying jobs and open new trade and investment opportunities for both countries over the coming decade and beyondThe US president is on a fourday trip to the Gulf during which he first visited Saudi Arabia which was also the venue for his first state visit during his first term in office between 2016 and 2020 His last stop would be the UAEThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoeveratOptionskeyd0ddb8ef8f1a62a8cdd22fac27fc5ea7formatiframeheight90width728params