Priyanka Tiwari
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Suspense crime, Digital Desk : In an aircraft and engine deal which is a major boost to American manufacturing, US President Donald Trump on Wednesday advertised a $96 billion deal with Qatar, which includes new construction orders for Boeing. The terms of the contract provide the purchase of up to 210 Boeing wide body aircraft—787 Dreamliners and 777X jets—along with over 400 GEnx and GE9X engines from GE Aerospace. Based on the current projections, this will mark Boeing’s largest-ever widebody order.
Boeing July Orders
Boeing Commercial Airplanes CEO Stephanie Pope further explained the company’s expectation of the contract’s long term economic impact, stating, “We’re looking forward to building 787s and 777s for Qatar Airways into the next decade.” The White House estimates suggest the deal to support 154,000 American jobs each year and over 1 Million Delta airline jobs during the life-time delivery period of the aircraft engines and components.
According to the Wall Street Journal, this order will also add Qatar Airways to the largest fleets of Dreamliner operators in the Middle East.
Portion of the Boeing-GE Agreement under the $243.5 Billion US-Qatar Economic Agreement
The Boeing-GE Agreement falls under the larger investment pact of $243.5 billion between the United States and Qatar. This encompasses:
An additional $1 billion order with Raytheon for Qatar’s counter-drone defenses.
An almost $2 billion contract for MQ-9B remotely piloted aircraft with General Atomics.
These investments in Qatar’s defense and aviation sectors illustrate the nation’s deepening status as an important economic and security ally in the region.
Trump’s Middle East Strategy: Growth of Exports and Military Alliances
The announcement follows Trump’s four-day tour of the Middle East which aimed at increasing US exports and manufacturing presence in the region. According to the White House, the arrangements are part of an overarching plan to fortify economic relationships and security partnerships in the region.
Saudi Arabia’s Midset Tour Announcement: $600 Billion Direct Investment US Tech and Energy
During the same tour, Saudi Arabia presented a direct investment package of $600 billion into US technology and energy sector. Key highlights include:
18,000 Nvidia chips.
$10 billion in AMD processors to AI firm Humain based in Saudi Arabia.
Partnerships with Alphabet, Oracle, Uber, and Cisco.
Furthermore, Cisco confirmed a multi-year contract supporting the AI strategy of the Saudi Arabian government.
Supplementary Investments in Infrastructure and Energy
Other agreements under economic cooperation are:
$2 billion infrastructure project by US companies Hill International, AECOM, Parsons, and Jacobs in Saudi Arabia.
GE Vernova supplying turbines and energy systems for $14.2 billion.
Shamekh IV Solutions purchasing $5.8 billion worth of US assets, including a factory in Michigan.
DataVolt proposes $20 billion investment in AI data centers located in the US, partnered with Super Micro Computer.
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