• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

President Trump, Saudi Arabia Sign $110 Billion Arms Deal

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
May 20, 2017, 9:17 AM ET
U.S. President Trump arrives in Saudi Arabia for 1st visit abroad
RIYADH, SAUDI ARABIA - MAY 20: (----EDITORIAL USE ONLY MANDATORY CREDIT - "BANDAR ALGALOUD / SAUDI ROYAL COUNCIL / HANDOUT" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) U.S. President Donald Trump (L) is welcomed by Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) during their arrival at the King Khalid International Airport in Riyadh, Saudi Arabia on May 20, 2017. (Photo by Bandar Algaloud / Saudi Royal Council / Handout/Anadolu Agency/Getty Images)Photograph by Bandar Algaloud—Saudi Royal Council/Handout/ Anadolu Agency/Getty Images

Under political fire at home, U.S. President Donald Trump sealed a $110 billion arms deal with Saudi Arabia on Saturday on his maiden foreign trip as he struggled to shift attention from the aftermath of his firing of the director of the FBI.

The arms deal, plus other investments that U.S. Secretary of State Rex Tillerson said could total up to $350 billion, was the central achievement of Trump’s first day in Riyadh, first stop on a nine-day journey through the Middle East and Europe.

Speaking to journalists after a ceremony to exchange agreements, Trump said it was a “tremendous day” and spoke of “hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs. So I would like to thank all of the people of Saudi Arabia.”

King Salman gave Trump a remarkably warm greeting, meeting him at the steps of Air Force One on arrival, shaking the hand of Trump’s wife, Melania, riding with Trump in his limousine and spending most of the day with him.

But the political turmoil back in Washington consumed the headlines in the United States and cast a long shadow over the start of Trump’s trip, which will include stops in Israel, the Vatican, Italy and Belgium.

His firing of Federal Bureau of Investigation head James Comey on May 9 and the appointment of a special counsel to investigate Trump’s 2016 presidential election campaign ties to Russia have raised the question of whether he tried to squelch a probe into allegations of a Russian connection.

Fanning the flames was a New York Times report that Trump had called Comey a “nut job” in a private meeting last week in the Oval Office with Russian Foreign Minister Sergei Lavrov and ambassador Sergei Kislyak. The Times quoted briefing notes of the conversation.

Amid a mood of frustration, officials on board Trump’s Riyadh-bound presidential plane scrambled to coordinate on responding to the story with staff in Washington and those who had just landed in the Saudi capital.

Asked for a response, the White House said that for national security reasons, “we do not confirm or deny the authenticity of allegedly leaked classified documents.”

Russia’s Interfax news agency on Saturday quoted Lavrov as saying he had not discussed Comey with Trump. “We did not touch this issue at all,” the minister said.

In another development, the Washington Post said a White House official close to Trump was a significant “person of interest” in the investigation into possible ties with Russia.

Tillerson, asked about the story, said he did not know who the “person of interest” was.

Against that backdrop, Trump soldiered through a long day of diplomacy.

Saudi foreign minister Adel al-Jubeir called the results of Trump’s meetings withSaudi King Salman bin Abdulaziz “the beginning of a turning point” between the United States, Saudi Arabia and its Gulf allies.

Both he and Tillerson made clear the arms deal was aimed at countering Iran on a day that Hassan Rouhani was re-elected as Iran’s president.

Tillerson said Rouhani should use his second term to end Iran’s ballistic missile testing and stop promoting extremism in a volatile region.

He said he had no plans to talk to his Iranian counterpart but that he in all likelihood he would do so “at the right time.”

Al-Jubeir said Trump and King Salman agreed that action had to be taken to ensure Iran did not continue “aggressive policies in the region.”

Trump’s trip has been billed by the White House as a chance to visit places sacred to three of the world’s major religions, while giving him time to meet with Arab, Israeli and European leaders.

King Salman gave a more favorable welcome to Trump than he had granted last year to Trump’s predecessor, Barack Obama, who was seen in the Arab kingdom as soft on Iran and hesitant on Syria.

Trump and King Salman seemed at ease with each other, chatting through an interpreter. At the royal al-Yamama palace, the king draped around Trump’s neck the King Abdulaziz medal, the country’s top civilian honor.

At the end of the day, Tillerson and U.S. Commerce Secretary Wilbur Ross, holding swords, were seen participating in a ceremonial dance at Marraba Palace with aSaudi group.

As Trump arrived for dinner with the king, a spectacle awaited him: Men dressed in long white turbans and carrying swords swayed and chanted in unison to beating drums in a courtyard. Trump, clearly enjoying himself, smiled and swayed, even seeming to dance a little at the center of the group.

During their conversation earlier in the day, the king was overheard lamenting the Syrian war. Trump ordered air strikes against a Syrian airfield in April in response to a chemical weapons attack by government forces against civilians.

“Syria too used to be one of the most advanced countries. We used to get our professors from Syria. They served our kingdom. Unfortunately, they too brought destruction to their own country. You can destroy a country in mere seconds, but it takes a lot of effort,” he said.

Trump’s response could not be heard.

The arms package includes a pledge by the kingdom to assemble 150 Lockheed Martin Blackhawk helicopters in Saudi Arabia, in a $6 billion deal expected to result in about 450 jobs in the kingdom.

National oil giant Saudi Aramco was also expected to sign $50 billion of deals with U.S. companies on Saturday, part of a drive to diversify the kingdom’s economy beyond oil exports, Aramco’s chief executive Amin Nasser said.

U.S. technology and engineering conglomerate GE said it had signed $15 billion of agreements with Saudi organisations.

Trump is to deliver a speech in Riyadh on Sunday aimed at rallying Muslims in the fight against Islamist militants. He will also attend a summit of Gulf leaders of the six-member Gulf Cooperation Council.

Shortly after taking office, Trump sought to block people from several Muslim-majority nations from entering the United States, but the travel ban has been blocked by federal courts.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Tensed teenage girl writing on paper
SuccessColleges and Universities
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeFebruary 21, 2026
16 hours ago
taylor
CommentaryMarketing
How fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
By Reid LitmanFebruary 21, 2026
19 hours ago
tanmai
AIdisruption
You have 18 months to figure out your office job, $1 billion CEO says. But it’s not going away
By Nick LichtenbergFebruary 21, 2026
19 hours ago
Big TechTech
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezFebruary 21, 2026
20 hours ago
LawFortune 500
With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big both financially and on reputation
By Phil WahbaFebruary 20, 2026
1 day ago
Tu speaks onstage holding a microphone and notecards
Personal Financeinfluencers
Meet ‘Your Rich BFF,’ the former JPMorgan trader and TikTok star who wants you to talk about money on the first date
By Adriana Morga and The Associated PressFebruary 20, 2026
1 day ago

Most Popular

placeholder alt text
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergFebruary 21, 2026
21 hours ago
placeholder alt text
Big Tech
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezFebruary 21, 2026
20 hours ago
placeholder alt text
Economy
Fed confirms it obeyed U.S. Treasury request for an unusual ‘rate check,’ weakening the dollar against foreign currencies
By Jim EdwardsFebruary 19, 2026
3 days ago
placeholder alt text
Startups & Venture
'I have a chip on my shoulder.' Phoebe Gates wants her $185 million AI startup Phia to succeed with 'no ties to my privilege or my last name'
By Sydney LakeFebruary 21, 2026
19 hours ago
placeholder alt text
Arts & Entertainment
Gen Zers and millennials flock to so-called analog islands 'because so little of their life feels tangible'
By Michael Liedtke and The Associated PressFebruary 20, 2026
2 days ago
placeholder alt text
Future of Work
Elon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead
By Jake AngeloFebruary 20, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.