President Trump Secures $1.2 Trillion Economic Deal with Qatar in Historic Agreement

Collin County News

May 16, 2025 Maverick Tax Guardians

President Donald J. Trump has announced a landmark $1.2 trillion economic commitment with Qatar, marking one of the most significant bilateral agreements in U.S. history. This deal encompasses major investments in aviation, defense, energy, and technology, aiming to bolster American manufacturing and innovation.

✈️ Aviation Milestone: Boeing’s Largest Aircraft Order

Qatar Airways has placed a historic $96 billion order for up to 210 Boeing 787 Dreamliner and 777X aircraft, powered by GE Aerospace engines. This represents Boeing’s largest-ever widebody aircraft order and is expected to support approximately 154,000 U.S. jobs annually over the production and delivery cycle.

🛡️ Strengthening Defense Ties

The agreement includes significant defense contracts:

Raytheon Technologies: Secured a $1 billion deal to provide Qatar with advanced counter-drone systems, 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 into a nearly $2 billion agreement to supply MQ-9B remotely piloted aircraft systems to Qatar, enhancing the country’s surveillance and defense capabilities.

Additionally, a statement of intent outlines over $38 billion in potential investments to enhance air defense and maritime security, including upgrades to the Al Udeid Air Base.

⚙️ Expanding Energy and Infrastructure Collaboration

The economic commitment also features substantial investments in energy and infrastructure:

McDermott International: Engaged in seven active projects worth $8.5 billion with QatarEnergy, focusing on critical energy infrastructure.
Parsons Corporation: Awarded 30 projects totaling up to $97 billion, emphasizing engineering services and infrastructure development.

🧠 Advancing Quantum Technology

In the realm of emerging technologies, Quantinuum and Al Rabban Capital have finalized a joint venture agreement, with Qatar investing up to $1 billion in quantum technologies and workforce development. This partnership aims to position both nations at the forefront of quantum innovation.

🤝 A New Era of U.S.-Qatar Relations

This comprehensive agreement underscores a deepening strategic partnership between the United States and Qatar, with far-reaching implications for economic growth, job creation, and regional security. President Trump hailed the deal as a testament to America’s manufacturing resurgence and a significant step toward a new era of prosperity.

Source
This news article is based on information from
TheWhitehouse.gov -“President Donald J. Trump Secures Historic $1.2 Trillion Economic Commitment in Qatar”(May 14, 2025). Retrieved from:https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-historic-1-2-trillion-economic-commitment-in-qatar/