President Trump Secures Landmark $1.2 Trillion Economic Agreement with Qatar
ICARO Media Group
**Title: President Trump Secures Landmark $1.2 Trillion Economic Agreement with Qatar**
In an unprecedented move today in Qatar, President Donald J. Trump inked an economic agreement projected to generate at least $1.2 trillion in economic exchange between the United States and Qatar. The announcement was further bolstered by a collection of economic deals amounting to more than $243.5 billion, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.
Boeing and GE Aerospace landed a monumental $96 billion order from Qatar Airways for up to 210 Boeing 787 Dreamliner and 777X aircraft powered by GE engines. This order, Boeing's largest-ever widebody and 787 acquisition, is set to support 154,000 U.S. jobs annually, summing up to over a million jobs over the deal's period.
McDermott, fostering a strong alliance with Qatar Energy, has seven ongoing projects valued at $8.5 billion. The company is the exclusive supplier of offshore components for Qatar's major LNG expansion, directly bolstering thousands of jobs within the U.S. energy sector.
Parsons has emerged victorious with 30 projects valued up to $97 billion, fueling its growth and supporting several thousand U.S. jobs. This reinforces America's leadership in cutting-edge engineering and innovation.
Quantum technology also found a new frontier with Quantinuum, which finalized a Joint Venture Agreement with Al Rabban Capital of Qatar. Qatar is set to invest up to $1 billion into advanced quantum technologies and workforce development, driving jobs and pioneering technologies in both countries.
The defense sector witnessed significant agreements as well. Raytheon secured a $1 billion deal to provide Qatar with counter-drone capabilities, establishing Qatar as the first international customer for Raytheon's FS-LIDS, a state-of-the-art drone defense system. This venture will support high-skilled manufacturing and engineering jobs in America. General Atomics also joined the fray with a nearly $2 billion agreement to supply Qatar with the MQ-9B remotely piloted aircraft system, bolstering the U.S.-Qatar bilateral relationship and job creation within the U.S.
Further solidifying this military alliance, the two nations signed a statement of intent outlining over $38 billion in potential future investments, including support for Al Udeid Air Base and other defense capabilities related to air defense and maritime security.
The U.S. and Qatar enjoy a longstanding trade relationship, with U.S. exports to Qatar amounting to $3.8 billion in 2024, resulting in a $2 billion trade surplus for the United States. Recent years have seen Qatar inject $3.3 billion into U.S. sectors such as hotels and tourism, technology, and energy.
President Trump's series of high-value deals align perfectly with Qatar’s strategic plans embedded in Qatar National Vision 2030, creating sweeping opportunities for U.S. businesses. Additionally, Qatar has embarked on various ambitious projects in U.S. energy, investing $18 billion since 2019 in areas like the ExxonMobil's Golden Pass LNG Terminal and Chevron Phillips Chemical’s Golden Triangle Polymers Plant.
As President Trump forges these lucrative deals, he paves the way for a new era of American prosperity, fostering robust job growth and establishing stronger economic and defense ties with Qatar. The agreements announced today are yet another testament to his strategy of revitalizing American manufacturing and innovation.