U.S. and Qatar sign deals worth over $243 billion

Investing.com - The United States and Qatar have entered into multiple commercial agreements valued at more than $243.5 billion, as announced by President Donald J. Trump during a recent meeting in Qatar. The agreements encompass a range of sectors, including aviation, defense, and infrastructure, and are expected to create thousands of American jobs and promote economic growth.

Among the most significant deals is the sale of Boeing (NYSE:BA) aircraft to Qatar Airways, which involves up to 210 Boeing 787 Dreamliner and 777X aircraft, along with GE Aerospace engines, totaling approximately $96 billion. This transaction represents Boeing’s largest-ever widebody order and is anticipated to support 154,000 U.S. jobs annually throughout the production and delivery phase.

In the energy sector, McDermott International has expanded its partnership with Qatar Energy through seven active projects worth $8.5 billion, focusing on the development of critical energy infrastructure. This collaboration is directly supporting numerous jobs within the U.S. energy industry.

Engineering firm Parsons (NYSE:PSN) has secured 30 projects in Qatar, valued at up to $97 billion, contributing to the company’s growth and supporting American employment in the engineering sector. Additionally, Quantinuum has finalized a Joint Venture Agreement with Al Rabban Capital to invest up to $1 billion in quantum technologies and workforce development in the United States.

In terms of defense, the agreements include a $1 billion acquisition of counter-drone capabilities from Raytheon (NYSE:RTN) by Qatar, marking Qatar as the first international customer for Raytheon’s FS-LIDS system. General Atomics also secured a deal nearing $2 billion for Qatar’s procurement of the MQ-9B remotely piloted aircraft system.

Moreover, the two nations signed a statement of intent outlining over $38 billion in potential investments, including enhancements to the U.S.-Qatar security partnership and investments related to Al Udeid Air Base and future defense capabilities.

The economic exchange between the U.S. and Qatar has a robust history, with the United States maintaining a trade surplus with Qatar since 2003. In 2024, the trade between the two countries totaled $5.64 billion. Qatar’s investments in the U.S. have been diverse, spanning sectors such as hotels, tourism, technology, healthcare, and energy, with significant contributions to American job creation and economic prosperity.

These newly signed agreements and statements of intent are based on a press release statement and are poised to enhance the bilateral commercial relationship between the United States and Qatar, fostering growth and innovation in both countries for the foreseeable future.

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