Qatar Airways signed a $96 billion agreement to acquire up to 210 American-made 787 Dreamliner and 777X aircraft from Boeing.
DOHA, QATAR—President Donald Trump announced on May 14 more than $243.5 billion in economic deals between the United States and Qatar, including a $96 billion agreement for Boeing to sell up to 210 jets to Qatar Airways.
The White House said that the agreement with Qatar is projected to generate at least $1.2 trillion in economic exchange between both countries.
The deal was signed amid Trump’s four-day trip to the Middle East. The president was joined by Boeing CEO Kelly Ortberg and Qatari Emir Tamim bin Hamad Al Thani for the signing ceremony in Doha.
Trump had signed multiple agreements with Saudi Arabia the day prior.
Ortberg signed the deal with Qatar Airways CEO Badr Mohammed Al-Meer while standing next to Trump and Tamim. The president said Ortberg told him that it’s “the largest order of jets in the history of Boeing.”
The White House released a fact sheet after the ceremony confirming that Qatar Airways had signed a $96 billion agreement to acquire up to 210 U.S.-made 787 Dreamliner and 777X aircraft from Boeing, with GE Aerospace engines inside.
“This historic agreement will support 154,000 U.S. jobs annually, totaling over 1 million jobs in the United States during the course of production and delivery of this deal,” the White House said.
Other Economic Deals Signed With Qatar
The president was also present to sign a defense agreement and an unspecified joint declaration with Tamim.
“I think after signing these documents, we are going to another level of relationship between Qatar and the United States,” the Qatari leader said.
Among the agreements is a deal between American engineering company McDermott and Qatar Energy, which will partner with seven active energy infrastructure projects worth $8.5 billion.
Parsons, a defense contractor, was awarded 30 projects worth up to $97 billion, that will create “thousands of jobs across the United States,” according to the White House.
Qatari company Al Rabban Capital finalized a joint venture with quantum computing company Quantinuum to invest up to $1 billion in quantum technologies and workforce development in the United States.
Aerospace and defense contractor Raytheon, now a business unit of RTX, secured a $1 billion project for Qatar’s acquisition of counter-drone capabilities, which was approved by U.S. and Qatari officials.
Additionally, General Atomics signed a $2 billion agreement to produce the MQ-9B remotely piloted aircraft system for Qatar, which will provide its armed forces with “the most advanced multi-mission remotely piloted aircraft in the world,” the White House said.
By Jacob Burg and Emel Akan
