Trump Announces $600 Billion Deals with Saudi Arabia—But Not Everyone Is Convinced

During Donald Trump’s visit to Saudi Arabia, the White House announced the signing of a bilateral package of agreements outlining Riyadh’s plans to invest a total of $600 billion into the U.S. economy and private sector.

Among the key provisions is a $142 billion defense deal, described in official statements as "the largest in history." Under the agreement, Saudi Arabia will receive "the most advanced combat equipment and services from more than a dozen U.S. defense firms." Deliveries will include air and missile defense systems, as well as aerospace and space-related technologies.

Another section of the deal concerns investment in technology and energy infrastructure. Saudi firm DataVolt plans to invest roughly $20 billion in building data centers and energy facilities in the United States. At the same time, American corporations—including Google, Oracle, Salesforce, and Uber—have committed to investing $80 billion in joint technology initiatives.

Additional agreements include the supply of gas turbines and other "energy solutions" from GE Vernova worth $14.2 billion, as well as a $4.8 billion aircraft contract between Boeing and the Saudi leasing company AviLease.

Despite the announced scale, the credibility of many figures and the feasibility of the proposed investments have already come into question, as Saudi Arabia’s resources are limited and some of the announced agreements may turn out to be mere declarations of intent—not backed by actual contracts or funding.