On Wednesday, the White House revealed that the United States and Qatar have finalized an agreement projected to generate at least $1.2 trillion in economic transactions.
Earlier that day, Trump signed a contract in Doha following his departure from Saudi Arabia during his Middle East trip.
“Today in Qatar, President Donald J. Trump has signed an agreement with Qatar that is expected to create at least $1.2 trillion in economic exchanges,” said a fact sheet from the White House.
The document also noted that US and Qatari entities are pursuing conditional economic transactions valued at $243.5 billion.
This $243.5 billion agreement includes Qatar Airlines’ $96 billion deal with Boeing and GE Aerospace for the purchase of “777x aircraft, which includes 210 American-manufactured Boeing 787 Dreamliners and GE Aerospace engines.”
This represents a historic order for Boeing.
“This marks Boeing’s largest widebody order and the biggest 787 orders in history,” the White House stated. “The agreement is projected to support 154,000 jobs annually in the US and contribute to over 1 million jobs related to the production and delivery of this deal.”
Other deals highlighted by the administration include 30 projects amounting to $97 billion obtained by Parsons Corporation, alongside a joint venture agreement between Al-Lavan Capital and Quantinuum, which entails an investment of up to $1 billion in advanced US quantum technology and workforce development.
On Wednesday, Qatar and the United States also signed a joint cooperation declaration, with Trump and Qatari leader Sheikh Tamim bin Hamad al Thani putting pen to paper on the agreement.
Defense Secretary Pete Hegseth and Qatari officials also signed a statement of intent for defense cooperation between the nations.
Hegseth and officials confirmed that Qatar intends to purchase nearly $2 billion worth of MQ-9B remotely piloted aircraft from General Atomics, along with acquiring counter-drone capabilities from Raytheon under a billion-dollar agreement.
According to the White House, the countries have agreed on a statement of intent aimed at bolstering their security partnerships, projecting potential investments of over $38 billion, which includes shared responsibilities at the Al Udeid Air Base and future defense capabilities focused on air defense and maritime security.
This announcement follows the recent conclusion of a substantial $142 billion arms deal with Saudi Arabia.
