Trump sealed the largest arms agreement with Saudi Arabia
Huge Deal Signed by President Trump with Saudi Arabia
During his recent visit, President Donald Trump sealed a monumental deal with Saudi Arabia, as reported by our site, based on Fox News reports. This strategic partnership covers several sectors, including energy, defense, mining, space research, and cultural exchanges, with a whopping total value of $600 billion.
Here's a peek into what this partnership entails:
Energy: The U.S. Department of Energy and Saudi Arabia's Ministry of Energy will collaborate on developing, financing, and deploying energy infrastructure to boost energy security and cooperation between the two nations.
Defense: In a historic move, a defense agreement worth close to $142 billion was inked, making it the largest military cooperation deal in U.S. history. This agreement focuses on modernizing Saudi Arabia's military equipment and enhancing interoperability between the U.S. and Saudi armed forces across air and space forces, missile defense, maritime and coastal security, land and border forces, and information and communication systems. Major U.S. defense contractors like Lockheed Martin, RTX, Boeing, Northrop Grumman, and Palantir are part of this program.
Mining: The Saudi Ministry of Industry and Mineral Resources and the U.S. Department of Energy will collaborate to develop and diversify critical mineral supply chains.
Space Research: NASA and the Saudi Space Agency have signed an agreement, allowing a Saudi CubeSat to be launched on NASA’s Artemis II test flight. The CubeSat will measure space weather at various distances from Earth.
Cultural Exchanges: Agreements were established between Saudi Arabia and the Smithsonian Institution's National Museum of Asian Art and the Smithsonian's National Zoo and Conservation Biology Institute, marking a considerable expansion of cultural and educational partnerships between the two countries.
After the signing ceremony, the White House announced that Saudi Arabia has pledged to invest $600 billion in the United States, promising to generate economic ties that will last for generations.
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In addition, the U.S. and Saudi Arabia signed the largest arms deal in history, worth around $110 billion. This deal will provide Saudi Arabia with the most advanced military equipment and services from over a dozen American defense companies. The defense deal is set to be completed in the fall and will encompass the development of air and space forces, air and missile defense, maritime and coastal security, border security, ground forces modernization, and the updating of information and communication systems.
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Dive deeper:
- The partnership aims to contribute to energy security and cooperation between the U.S. and Saudi Arabia.
- The defense agreement will involve the modernization of Saudi Arabia's military equipment and enhance interoperability between the U.S. and Saudi armed forces.
- The mining partnership intends to diversify critical mineral supply chains.
- A Saudi CubeSat will be launched on NASA's Artemis II test flight as part of the space research collaboration.
- Cultural and educational partnerships between the U.S. and Saudi Arabia will expand significantly.
The energy partnership between the U.S. and Saudi Arabia will entail the collaboration on developing, financing, and deploying energy infrastructure to improve energy security and cooperation, as reported. The defense agreement, worth $142 billion, was signed, marking the largest military cooperation deal in U.S. history, focusing on modernizing Saudi Arabia's military equipment and enhancing interoperability with the U.S. armed forces. The mining partnership aims to diversify critical mineral supply chains.
