The United States signed a $142 billion arms deal with Saudi Arabia on Tuesday, Arab media reported.
“This is the largest arms sale in history, worth approximately $142 billion, with Saudi Arabia receiving modern combat equipment and services from a dozen US defence companies,” the White House said in a statement.
In particular, the agreement covers co-operation in training military personnel, servicing and modernising weapons systems, and supplying ammunition and spare parts.
This agreement is part of Riyadh’s commitment to invest $600 billion in the US economy. The White House announced this after US President Donald Trump, who was visiting the kingdom, and Saudi Crown Prince Mohammed bin Salman signed an agreement on strategic economic partnership between the two countries.
At the same time, the countries signed agreements in the fields of energy, space research, resource extraction, technology and the fight against infectious diseases.
In particular, these include the supply of gas turbines and energy services to the kingdom worth $14.2 billion and the purchase of Boeing 737 passenger aircraft worth $4.8 billion.
Direct US investment in Saudi Arabia reached $15.3 billion in 2024. Bilateral trade in 2024 amounted to $32 billion. Saudi Arabia exports $13 billion worth of goods to the US and imports $19 billion.
After Saudi Arabia, Trump will head to Qatar and the United Arab Emirates. The White House has called the trip “a historic return of the United States to the Middle East.”