U.S. aerospace and defense giant Boeing said Sunday it had reached agreements to sell both military and passenger aircraft to Saudi Arabia, a move it says will strengthen its ties with the Saudis, create jobs and enhance security in that region of the world.
The announcement comes amid a flurry of deals estimated in the hundreds of billions between U.S. and Saudi firms during President Trump's first-ever visit overseas, which included a stop in Riyadh this weekend and a closely watched speech Sunday in which Trump called on Muslim-majority countries to take on a greater role in combating terrorism.
Boeing said in a statement that Saudi Arabia has agreed to buy Chinook helicopters, associated support services and guided weapon systems. Saudi Arabia also said it intends to buy P-8 maritime, patrol and reconnaissance aircraft.
The U.S. aircraft maker also said it will negotiate with SaudiGulf Airlines for the sale of up to 16 widebody airplanes. Boeing did not specify the type of aircraft or deal size.
"These announcements reaffirm our commitment to the economic growth, prosperity and national security of both Saudi Arabia and the United States, helping to create or sustain thousands of jobs in our two countries," Boeing CEO Dennis Muilenburg said in a statement.
Boeing also said it is establishing a joint venture with Saudi Arabia to provide "sustainment services for a wide range of military platforms."