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Wh guarantees 1.2 t $ in economic engagement with Qatar, including the historic order of Boeing

The White House announced on Wednesday that it had obtained economic commitments worth at least 1.2 billion of Dollars from Qatar, including a historic agreement for Boeing line planes.

President Donald Trump was in Qatar during the second stop of his trip to the Middle East and the White House said that he “signed an agreement with Qatar to generate an economic exchange of at least 1.2 dollars.” This figure includes “economic offers totaling more than $ 243.5 billion between the United States and Qatar”.

The White House said that Boeing and Ge Aerospace had won an agreement with Qatar Airways worth 96 billion dollars to acquire up to 210 Boeing 787 Dreamliners and 777x, which are propelled by the GE aerospace engines.

This marks the largest order for Boeing broad body planes, as well as the largest order 787. The White House said that the agreement “will support 154,000 American jobs per year”, which would total more than a million jobs during the production and delivery cycle for the agreement.

Several other agreements in the private sector have been referenced in the announcement. He noted that MCDERMOTT has an active energy infrastructure offers worth $ 8.5 billion in Qatar, while Parsons won 30 projects of a value of up to $ 97 billion for its engineering services. In addition, Quannum concluded a joint venture with Al Rabban Capital to invest up to $ 1 billion in quantum technologies and the development of labor in the United States

The defense partnership between the United States and Qatar should also benefit from the thrust of the agreement, the White House claiming that the signatures “mark President Trump’s intention to accelerate Qatar’s defense of the Defense of the American security partnership-Improve regional deterrence and benefit from the American industrial basis”.

Raytheon, an RTX company, won an agreement of $ 1 billion to provide Qatar with counter-drone capacities, making the Gulf State the first foreign customer of the Raytheon system.

General Atomics concluded an agreement of $ 2 billion for Qatar to acquire “Reaper” MQ-9B drones.

Defense agreements also included a declaration of intention to potentially invest more than $ 38 billion to support the burden of the burden at the Al Udeid air base, a major base for the American army in the region, as well as other defense defense and maritime security capacities.

It is a story in development. Please check the updates.

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