President Donald Trump signed agreements with Qatar on Wednesday, generating an economic exchange worth at least $1.2 trillion, the White House announced.
The deals, inked alongside Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani, include $243.5 billion in commercial agreements, headlined by a historic $96 billion Boeing and GE Aerospace order for Qatar Airways.
The Boeing deal, the largest-ever widebody and 787 order, secures up to 210 American-made 787 Dreamliner and 777X aircraft powered by GE Aerospace engines, supporting 154,000 U.S. jobs annually and over 1 million jobs during production and delivery.
“The landmark deals celebrated today will drive innovation and prosperity for generations, bolster American manufacturing and technological leadership, and put America on the path to a new Golden Age,” the White House said in a statement.
Other agreements bolster U.S. industries. McDermott International’s seven projects with Qatar Energy, valued at $8.5 billion, support U.S. energy sector jobs, while Parsons Corporation’s 30 projects, worth up to $97 billion, drive growth in engineering and innovation. Quantinuum’s $1 billion joint venture with Al Rabban Capital will advance quantum technology and workforce development, creating jobs in both nations.
Defense deals further strengthen U.S.-Qatar ties. Raytheon secured a $1 billion contract for counter-drone systems, marking Qatar as the first international buyer of its FS-LIDS technology, while General Atomics’ $2 billion agreement provides Qatar with advanced MQ-9B remotely piloted aircraft. A $38 billion statement of intent outlines future investments, including support for Al Udeid Air Base and air and maritime defense.
The agreements build on a robust U.S.-Qatar trade relationship, with $5.64 billion in bilateral trade in 2024 and a $2 billion U.S. surplus. Qatar’s $3.3 billion in U.S. investments in 2023, alongside $18 billion in energy projects since 2019, underscore its role in U.S. economic growth.
Following a $600 billion Saudi Arabia deal, Trump’s Qatar agreements advance his pledge to revitalize American manufacturing and usher in a “new Golden Age.”
