Newsletters
U.S. President Donald Trump wrapped up a series of major agreements with Qatar on Wednesday, totaling at least $1.2 trillion during his official visit to Doha.
The White House described the package as “historic,” as it cuts across multiple sectors, including aviation, energy, infrastructure, technology, and defense, making it one of the most wide-ranging economic arrangements ever reached between the two nations.
The announcement came as part of Trump’s Gulf tour, which kicked off in Riyadh before moving on to the Qatari capital. During the visit, Trump sat down with Emir Sheikh Tamim bin Hamad Al-Thani and took part in signing ceremonies that laid out long-term commitments aimed at deepening strategic ties.
A major highlight of the deal is a $96 billion agreement between Boeing and Qatar Airways. Under the terms, the airline has agreed to take on as many as 210 American-made aircraft, including 130 Dreamliner jets and 30 Boeing 777-9s, with options for 50 additional planes. All aircraft will run on GE Aerospace engines.
“This is Boeing’s largest-ever order of jets, and it’s a record for the 787 too,” Trump said during the ceremony. “It’s over $200 billion if you count everything. That’s fantastic.”
Although list prices suggest a lower figure, the $96 billion value reflects the broader deal structure, which also pulls in related business for GE Aerospace.
Trump highlighted that the aviation agreement alone would support over 1 million jobs in the United States as Boeing and its suppliers get to work over the next several years. Deliveries are expected to start in 2026 due to existing backlogs across the industry.
Economic and Defense Cooperation Expands Further
Aside from aviation, a number of U.S. firms also came away with major project wins. Energy firm McDermott picked up $8.5 billion worth of offshore energy infrastructure contracts as part of Qatar’s LNG expansion.
The company is expected to roll out work on seven active projects, which are set to support thousands of American jobs in the energy sector.
In parallel, engineering firm Parsons secured 30 infrastructure deals that could bring in as much as $97 billion, covering a wide range of development projects across Qatar.
Meanwhile, U.S.-based quantum computing firm Quantinuum teamed up with Qatar’s Al Rabban Capital in a joint venture expected to pour up to $1 billion into emerging technologies and workforce training in the United States.
Trump also signed off on a set of defense-related agreements. Qatar struck a $1 billion deal with Raytheon, a major U.S. defense contractor specializing in missile systems and radar technologies, to boost its drone defense capabilities. It also reached a $2 billion agreement with General Atomics, a U.S. aerospace and defense company known for manufacturing unmanned aerial systems, including the MQ-9B drone.
Both governments also put their names to a security declaration that maps out future defense cooperation, including potential investments of more than $38 billion tied to Al Udeid Air Base operations and maritime security.
“It’s a tremendous step forward for both our countries,” Trump said. “We’re looking at years of cooperation, jobs, and stability coming out of this.”
Both governments also signed a security declaration outlining future defense cooperation, including more than $38 billion in potential investments related to operations at Al Udeid Air Base and maritime security.
4 min read
