Deal signed during President Trump's visit to Riyadh, part of a broader commitment to $600 billion in investments by Saudi Arabia in the United States.
A substantial arms agreement valued at $142 billion has been finalized between the United States and Saudi Arabia, coinciding with President Trump's official visit to the Saudi capital, Riyadh.
This deal is part of a larger set of Saudi investments in the U.S., which total approximately $600 billion.
The agreement was signed in the presence of Saudi Crown Prince Mohammed bin Salman and lays the groundwork for strategic economic cooperation across multiple sectors including defense, energy, and mining.
Within the arms agreement, the U.S. is set to export advanced military equipment, enhancing Saudi Arabia's defense capabilities, which includes the modernization of its armed forces.
Additional components of the deal involve the sale of gas turbines and other energy systems worth $14.2 billion, as well as the procurement of a Boeing 737-8 passenger aircraft valued at $4.8 billion.
Beyond military collaboration, the agreements comprise various sectors aimed at furthering collaboration between the two nations.
Additional memoranda of understanding have been established in areas such as customs cooperation, medical research focusing on infectious diseases, and judicial cooperation.
A partnership between the Saudi Ministry of Interior and the Federal Bureau of Investigation (FBI) has also been formalized.
President Trump arrived in Saudi Arabia accompanied by a delegation of U.S. business leaders, signifying the economic focus of his four-day tour in the Gulf region.
Notable figures within the delegation include
Tesla CEO
Elon Musk.
Following his visit to Riyadh, Trump is scheduled to travel to Qatar and the United Arab Emirates.
During his time in the Gulf, Trump has hinted at the possibility of a trip to Turkey to facilitate direct discussions between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky.
The primary aim of Trump’s visit is centered on economic discussions, with expectations of investment announcements potentially reaching into the trillions.
It is noteworthy that while this trip addresses economic topics, Trump is not anticipated to engage directly in discussions regarding the normalization of relations between Saudi Arabia and Israel, despite this being a key geopolitical objective of his administration.
In Qatar, a symbolic gesture is expected, as the Qatari government is anticipated to present President Trump with a luxurious Boeing 747-8 aircraft, which would be outfitted for use as Air Force One.