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President Donald Trump became the first American president to visit Qatar on Wednesday as he arrived in the Middle Eastern nation to sign a $1.2 trillion economic commitment.
These deals encompass various sectors, including aviation, energy, defense, and emerging technologies, bolstering American manufacturing and innovation.
A significant highlight is a $96 billion agreement between Qatar Airways and U.S. companies Boeing and GE Aerospace. This deal involves the purchase of up to 210 Boeing 787 Dreamliner and 777X aircraft, all powered by GE Aerospace engines.
It stands as Boeing’s largest-ever widebody and 787 order, expected to support approximately 154,000 U.S. jobs annually, totaling over 1 million jobs throughout the production and delivery phases, according to a White House fact sheet.
In the energy sector, McDermott has partnered with QatarEnergy on seven active projects valued at $8.5 billion, focusing on offshore components for Qatar’s LNG expansion. This collaboration supports thousands of jobs within the U.S. energy sector. Additionally, Parsons has secured 30 projects worth up to $97 billion, reinforcing American leadership in advanced engineering and innovation.
The agreements also encompass defense procurements. Raytheon secured a $1 billion deal to provide Qatar with counter-drone capabilities, marking Qatar as the first international customer for Raytheon’s Fixed Site, Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS). General Atomics entered a nearly $2 billion agreement to supply Qatar with the MQ-9B remotely piloted aircraft system.
Both nations signed a statement of intent outlining over $38 billion in potential investments to enhance security partnerships, including support for Al Udeid Air Base and advancements in air defense and maritime security.
In emerging technologies, Quantinuum finalized a joint venture with Al Rabban Capital, a prominent Qatari company. Qatar plans to invest up to $1 billion in this venture, focusing on quantum technologies and workforce development. This will support jobs and leadership in this critical sector for both countries.
“As the dealmaker in chief, President Trump’s latest achievement in Qatar is another win for America,” the White House fact sheet concluded.
