Trump Signs "Single Largest Arms Deal In US History" With Saudi Arabia Worth $350 Billion

Tyler Durden's picture

When all other sources of economic growth appear tapped out, there is always the military-industrial complex coming to the rescue of US GDP with the sale of arms and equipment to the world's biggest purchaser of weapons: Saudi Arabia. Because when one looks beyond the pageantry, pomp and circumstance of Trump's visit to Saudi Arabia, the main purpose behind the president's visit is precisely that: selling weapons, some $350 billion over the next decade, according to estimates.

To be sure, Trump arrival in Saudi Arabia on Saturday was quite a spectacle, with the Saudi king throwing the president's family arrival at the Royal Diwan a "welcome fit for a king."

However, it is what was announced on Saturday that is the highlight of the various meetings between the Trump delegation and his Saudi hosts, who have promised to invest billions of dollars in the U.S. as well and make other decisions aimed at pleasing Trump.

According to a statement just issued by the White House, Trump "has just completed largest single arms deal in US history, negotiating a package totaling more than $109.7 billion" which will boost Saudi Arabia's defense capabilities, bolstering equipment and services in the face of extreme terrorist groups and Iran.  The White House added that the deal will create defense jobs while also reaffirming America's commitment to Saudi Arabia.

“This package of defense equipment and services support the long-term security of Saudi Arabia and the Gulf region in the face of Iranian threats, while also bolstering the Kingdom’s ability to contribute to counter terrorism operations across the region,” the White House said in a statement on Saturday, as quoted by CNBC News.

US President Donald Trump, along with US Secretary of State Rex Tillerson who is accompanying him on the trip, will attend the signing of a memorandum of intent on the package, Reuters reports, citing a White House official.

This package demonstrates, in the clearest terms possible, the United States’ commitment to our partnership with Saudi Arabia and our Gulf partners, while also expanding opportunities for American companies in the region,” the statement reads, according to Reuters.

The deal will provide Saudi Arabia, the world's largest importer of weapons (for the breakdown of the world's weapons trade, see "Visualizing The Global Weapons Trade"), with top-tier equipment and services including missiles, bombs, armored personnel carriers, Littoral Combat Ships, THAAD missile defense systems, and munitions.

According to estimates cited by The Indepdent, including restocking and future commitments over the next ten years, the deal could balloons to $350 billion worth of arms, over a third of a trillion dollars.

Gary Cohn, Trump's chief economic advisor, said Saudi Arabia is “going to hire US companies” as a result of the defense deal. The goal of the deal is “to invest a lot of money in the U.S. and have a lot of U.S. companies invest and build things over here,” Cohn said, according to a White House press pool report.

The vast funds which will boost the US defense sector will be spent to "address Saudi Arabia's defense needs while scaling back U.S. military involvement in specific operations" the Hill reported.

Saudi Crown Prince Mohammed bin Salman began negotiations on this deal shortly after the 2016 US election when he sent a delegation to Trump Tower to meet with the president’s son-in-law Jared Kushner, who is serving as a senior advisor of sorts to Mr Trump.

The deal will be what the Washington Post said is a “cornerstone” of the proposal encouraging the Gulf states to form its own alliance like the North Atlantic Treaty Organisation (Nato) military alliance, dubbed “Arab Nato."

It's not just weapons, however.

According to Bloomberg, Saudi Aramco will sign initial accords and joint-venture agreements valued at about $50 billion with companies including General Electric Co., Schlumberger Ltd. and Halliburton Co., Chief Executive Officer Amin Nasser told reporters in Riyadh. These companies are “trying to expand their footprint in the kingdom by expanding trade between the two sides,” he said.

“Many of us sitting on the table are overseeing substantial investments in the United States,” Energy Minister Khalid Al-Falih said. “Sabic has a big platform with the acquisition of GE Plastics which they continue to build on.” Other deals will be announced today, he said.

 

Saudi Aramco also plans to sign accords with Baker Hughes Inc., KBR Inc., Jacobs Engineering Group Inc., Nabors Industries Ltd., Weatherford International Plc, McDermott International Inc. and Rowan Companies Plc, two people familiar with the matter said earlier this week.

And so, with industrial and manufacturing spending in the US having declined over the past two years following the collapse in commodity prices, mothballing much of US capital spending, US GDP is about to get a fresh boost courtesy of what has become the world's most prolific arms dealer.

With that, both the neo-cons in D.C., as well as the all-powerful American Military-Industrial complex can declare a truly unprecedented victory.

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BaBaBouy's picture

Fireworks For Life ...

Looney's picture

 

Dubya used to French-kiss the Saudi King.

0bama used to bow and kiss his hand. Judging by the official photo, it could’ve been another body part, too.

Trump, instead of shaking their hands, should’ve cut’em lose and let them slide back into the 8th century, where they belong.

Looney

Al Gophilia's picture

This is a sick joke, right? Will this be financed by Goldman Sachs?

BaBaBouy's picture

Is He selling them Nukes Too???

PrayingMantis's picture

 

... >>> "Trump Signs "Single Largest Arms Deal In US History" With Saudi Arabia: Up To $350 Billion Over Ten Years"

... or is it >>> "Trump Signs "Single Largest Bribe Deal In US History" With Saudi Arabia: Up To $350 Billion Over Ten Years"

... either way, I guess a sort of congratulations are in order for fleecing some cash from "one" of the biggest terror-enablers that side of the middle east ...

 

... and when you get back to answer questions from the MSM-turds, you might get the line of questioning closer to the "Russia Narratives" and "the impeachment witch-hunt" ...

... so here's what you might want to do ... whenever the "never-Trumpers" ask you to step down or call for your impeachment without any criminal evidence whatsoever, by the likes of Mad Max "I Feel Good" Waters and Al "Not Really Green" Green, just do the Justine "I Don't Give A Rat's Ass" Trudeau's -"float like a butterfly and sting like a bee" - "rope-a-dope" - with a touch of "meh" - shuffle,  exemplified in the video below ... it's guaranteed to infuriate your libtard detractors and make their sjw-heads explode ...

... >>> "WOW!!! Prime Minister Of Canada Justin Trudeau Sets World Record In Avoiding A Question!!!" 

>>> https://www.liveleak.com/view?i=64a_1495216748

;)

 

BullyBearish's picture

Oh gee look...where that warmongering and evil Iran shows up on the list...

 

not that you can ever believe anything from bloomturd...

meta-trader's picture

you can add an extra 1500/USD week after week in your income just working on the internet for a couple of hours each day... check this link... http://bit.ly/2jdTzrM

Nice Try Lao Che's picture

Clearly signed in haste because he couldn't wait to hustle it outta there and go lick the wailing wall to get that awful steak & ketchup taste off his tongue.

luky luke's picture

At least the Saudis are PAYING for the weapons, as opposed to APARTHEID ISRAEL that gets it for FREE, on the back of taxpayers.

https://biblicisminstitute.wordpress.com/views-of-news/#armingapartheid

stizazz's picture

IsraHell has cost US taxpayers so far over $3 Trillion.

What did we get for it?

Rich Jews, budget deficit, Israeli-financed terrorists, endangered world peace, and hate around the globe.

Post-Truth Society's picture

I wonder what all those weapons could be for ?

Go ahead and keep calling me crazy, but Trump is the Muslim Anti-Christ.  Soon he will unite the Jews and Muslims against Christianity for the final battle.  Visiting Saudi Arabia and then Israel to solidify the coalition.

"The only U.S. president to make Saudi Arabia his first foreign visit, Trump was presented with the highest honor for a foreign dignitary, the collar of Abdulaziz al-Saud, named for the for the kingdom’s founder, which Salman hung on a thick gold chain around Trump’s neck."

Meanwhile the Jewish prince and princess, Kushner and Ivanka, watched with approval. Wonder whose idea it was to dispose of Seth Rich and frame him for leaks?  There is no morality for those seeking ultimate power - the Trump family.

BullyBearish's picture

Gary Cohn, Trump's chief economic advisor, said Saudi Arabia is “going to hire israhell-controlled  companies” as a result of the defense deal. The goal of the deal is “to invest a lot of money in the israhell-controlled companies and have a lot of israhell-controlled companies invest and build things over here,” Cohn said, according to a White House press pool report.

 

there goldmansux cohn, fixed it for you...

Harlequin001's picture

They wouldn't have spent all that money if the world was going to end next week in a nuclear war.

Safe to say that now that the consumer is tapped out, and airfields are full of cars that can never be sold, that the plan is to manufacture weapons to be destroyed when our good old boys and girls go fly them and die in them or drive them and die in them.

Sick, what some people will do to make money...

There will be no nuclear war.

beemasters's picture

I hope there's a remotely-controlled self-destruct mechanism embedded in all these weapons, in case needed.

eforce's picture

They'll want THAAD to go up against Iran/Yemen imo.

AltRight Girl's picture

Any deal that brings $ to US is ok. As soon as they'll run out of oil, they'll be eaten alive by Iran anyway. 

Why don't make some cash while we're waiting.

And if it pisses off Soros, even better.

Soros Keeps Betting Against Trump Market Rally and Loses

http://dailywesterner.com/news/soros-keeps-betting-against-trump-market-...


Got The Wrong No's picture

a 20 week poster???????????????? Now the Paid Pukes are trying to spin Seth's murder on Trump. When these Soros/Obama/Clinton operatives play the Alinski projection game, you know they are diverting away from themselves. 

INVESTIGATE THE DEATH OF SETH RICH 

Post-Truth Society's picture

No one pays me. It was only recently revealed to me that Trump is most likely a Muslim, and most definitely the Anti-Christ. Now the evidence is becoming clear for all to see as he visits his holiest homeland of Saudi Arabia.  Just watch his speech tomorrow.

Who had the most to gain from Seth's murder and then "shocking revelation" that Seth supposedly leaked to Wikileaks, not the Russians?  How fucking stupid can you be?  Oh that's right, it's YOU who are the PAID TRUMPTARD PUKE, a 38 WEEK POSTER AS IF THAT FUCKING MATTERS. No go run and cash your check from your filthy JEW-BOSS Kushner.  Make sure the address on the check says 666 5th Avenue. That's the Anti-Christ scum's home base, you know.

 

44magnum's picture

Yes but what did Israel get? Thats what counts in the ZOG

J S Bach's picture

I'm sorry... but, this proves that Trump is DEFINITELY "Agent Orange".  The Saudis are the kingpins of terroroist supporters on the planet and he KNOWS it.  We need to start planning and organizing an "outside" movement which will sweep the current system into oblivion.  We were fooled (once again) by a voice of reason which turned out to be a voice of treason.

veritas semper vinces's picture

Look  what countries he's visiting-Saudi Barbaria,one of the biggest terrorist nations,then Israhell,the number 2 terrorist nation (and Apartheid) after Jewmerica,Vatican II,and ZATO. Only Britain is missing from the list of terrorists,but the City of London whore was the first one to visit him after inauguration.

 

Fish Gone Bad's picture

I checked the weather report, aerial bombing with a chance of shelling...

Chupacabra-322's picture

Signed, sealed & delivered deal with the Crypto Zionist Jew Saudis.

Now off to Criminal Deep State Hq in Israel see how Operation Talpiot is going.

Then, off for a visit with the Pure Evil Jesuits in Rome for more Intel Briefings.

auricle's picture

War is wonderful and the world loves it. 

Chupacabra-322's picture

The Criminal Fraud UNITED STATES, CORP. INC's War Crimes are many & span many years.

The "Policy" of arming, funding & training Alqueda / Al CIA duh / ISIS /I CIA SIS goes back to the days of the Mujahideen.

Diplomacy is an Art that has been thrown into the dustbin of History. There is no profit motive in Diplomacy.

There are profits in Treasonous Pure Evil War Crimes. That pipeline across Syria is the Profit Motive as well as continued Criminal US Hedgemony of Vassal States & survival of the Ponzi Criminal US Petroleum Dollar.

Nexus789's picture

You forgot the droning. A normal side effect of inclement weather. 

NAV's picture

The U.S. plays executioner for Israel -- for the Kushners, for the Cohns, for the Yellens and Fischers, for the Mnuchins and Lews, for the Netanyahus and Rubins and Nulands... They see themselves as gallant freedom fighers, just like the Stern Gang in Jerusalem in forty-eight.

Bay of Pigs's picture

All you have to do is follow the money.

The Republic was lost long ago. 1913 to be exact.

Vic Odd's picture

Actually the Republic was lost in 1871. District of Columbia Act

FarCanal's picture

90 years earlier than that 1785.Rothschilds saw to it

"The rich will strive to establish their dominion and enslave the rest. They always did. They always will... They will have the same effect here as elsewhere, if we do not, by (the power of) government, keep them in their proper spheres."
Governor Morris

"Let me issue and control a nation's money and I care not who writes the laws."
Mayer Amschel Rothschild, 1790

Not to worry, no one was listening, the American government borrowed 8.2 million dollars from the bank in the first 5 years and prices rose by 72%. This time round the money changer's had learned their lesson, they had guaranteed a twenty year charter.

The president, who could see an ever increasing debt, with no chance of ever paying back, had this to say.

"I wish it were possible to obtain a single amendment to our Constitution - taking from the federal government their power of borrowing."
Thomas Jefferson, 1798

http://www.xat.org/xat/moneyhistory.html

peopledontwanttruth's picture

I agree.
When we can stop and ask WHY all this demonization of Iran then we can really figure out where the world is headed and who is going to be the next big player in the world.

Sector Catalyst's picture

Saudi Arabia is simply a clearing house for private military contractors working abroad.  It's wide open throttle on the War on Terror and conflict in the Middle East and Africa.

NAV's picture

If the United States would use its superpower status to work for world peace rather than for world terrorism, the world would not need to arm itself.

X- x3's picture

"Saudi Arabia is simply a clearing house for private military contractors working abroad."

Well....it's not only *private* folks.

I worked in the south of Saudi-Arabia, near the road to Najaran in Wadi-al Dawasir during the late 1970's.

In the desert btw.

Anyway, 1 day a green jeep with a black US Army Sgt. Brown came to us in the middle-of-nowhere.

To make along story short, he was active duty & helping with the 'bunker systems' there.

Now I know it was for missile bases.

At the time NO US military was officially in the country.

Gotta be the same now.

Even DJT kisses the saudi-zube.

X-

peddling-fiction's picture

There is a lot they are not sharing with us.

They belong to an exclusive secret club of brothers since Babylon after the Great Flood.

The symbol of Anu is one way to track them through time.

nmewn's picture

O-M-G! Melania didn't wear a head scarf?! 

Shirley this is a sign of the end times!

peddling-fiction's picture

She is a looker. Sheiks like to look and more.

They are relieved they don't have to take a whiff from Hillary's odor.

GoinFawr's picture

Michelle didn't wear one either. Guess who twittered a complaint about it at the time (Hint: think ol' 180 degrees hisself)

 

and quit calling me Shirley

nmewn's picture

Well, I can sorta see his point, clearly if anyone needed to have a bag placed over her head it was the Wookie ;-)

CrankyCurmudgeon's picture

They've already bought those. From Pakistan.

Eyes Opened's picture

The pen is mightier than the sword.... at least, the pen signing the $350B WMD sales contract is mightier than the sword....

Paul Kersey's picture

"Will this be financed by Goldman Sachs?"

Isn't everything financed by Goldman Sachs? What the Goldmaintes would really love to finance is a debtors prison to incarcerate middle class Americans.

NAV's picture

Just add it to our $20 trillion federal debt, with annual interest of $3 trillion at today’s low Fed/Goldman interest rates ($2.7 trillion year-to-date).

StagStopa's picture

Trump sucking these head choppers dicks right out the gate tells me all I need to know about our POTUS.

it's not the same old shit, Donald is stepping it up to a whole new level.

Roxi

Arnold's picture

I liked building Custom Black Hawks for the Saudis.
Paid well too.
It went to Connecticut, then to Poland, then to the logheads.

Justin Case's picture

strollin the colon.

The Hershey highway.