US President Donald J. Trump and King Salman bin Abd al-Aziz Al Saud of Saudi Arabia have signed a $110bn arms deal, which is expected to support the Middle East nation’s defence needs.

The defence capabilities deal covers a package of defence equipment and services to support the long-term security of Saudi Arabia and the Gulf region in the face of malign Iranian influence and Iranian related threats, The White House stated.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

During the meeting, Trump and Salman bin Abd al-Aziz Al Saud also signed a Joint Strategic Vision Statement to strengthen relations between the countries.

President Trump said that the two countries will address challenges to regional peace and security, such as defeating ISIS and al-Qa’eda, countering Iran’s destabilising activities and resolving conflicts in Yemen and Syria.

Both countries have pledged to collaborate to counter violent extremism, disrupt the financing of terrorism, and advance defence cooperation.

See Also:

Trump also committed to supporting Saudi Arabia’s economic reform plans and promoted US companies as ideal partners for Saudi Arabia’s economic transformation.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The US-Saudi Arabia partnership is expected to create tens of thousands of new jobs in the US.

"Both countries have pledged to collaborate to counter violent extremism, disrupt the financing of terrorism, and advance defence cooperation."

It is also expected to strengthen Saudi Arabia’s ability to provide for its own security and continue contributing to counterterrorism operations across the region, by reducing the burden on US military forces.

During the President’s visit to Saudi Arabia, US companies signed many deals.

The Kingdom of Saudi Arabia has agreed to procure more than $28bn worth of Lockheed Martin integrated air and missile defence, combat ship, tactical aircraft and rotary wing technologies and programmes.

GE and Saudi Arabia have also signed $15bn worth Memorandums of Understanding and projects across multiple sectors.

Image: US President Donald J. Trump visited Saudi Arabia. Photo: courtesy of The US Government.