• Saudi Arabia pledges up to $1 trillion in U.S. investments across technology, clean energy, and defense sectors
  • Announcement follows President Trump's meeting with Crown Prince Mohammed bin Salman and designation of Saudi Arabia as major non-NATO ally
  • Immediate deals expected with companies including Boeing, General Dynamics, and Parsons, focusing on job creation and supply chain development

President Donald Trump announced a historic commitment from Saudi Arabia to invest up to $1 trillion in the U.S. economy during his remarks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts. The landmark pledge represents the largest single foreign investment commitment in American history and signals a significant deepening of economic ties between the two nations.

The announcement came hours after President Trump hosted Saudi Crown Prince Mohammed bin Salman at the White House, where the two leaders discussed strengthening the strategic partnership. The investment forum, which marks a decade of intensified U.S.-Saudi economic cooperation, brought together top executives from major American corporations including General Dynamics, Boeing, and Parsons.

According to people familiar with the matter, the Saudi commitment will be deployed across multiple sectors with particular focus on technology, clean energy, advanced manufacturing, artificial intelligence, biotechnology, rare materials, and defense. The immediate rollout includes several high-profile deals in these priority sectors, with officials emphasizing the potential for substantial job creation and resource opportunities for American companies.

"This unprecedented investment demonstrates the strength of our partnership and the confidence in American innovation," President Trump told attendees at the forum. The White House confirmed the $1 trillion figure represents a combination of direct investments and joint ventures that will be phased in over the coming years.

The commitment follows the recent formal designation of Saudi Arabia as a major non-NATO ally, a status that facilitates deeper defense cooperation and technology transfers. This elevated strategic position, combined with the massive capital infusion, positions Saudi Arabia as one of the most significant foreign investors in the U.S. economy.

Several major deals are already in advanced stages, according to executives who spoke on condition of anonymity. The investments are expected to stimulate U.S. industries particularly in technology and energy transition sectors, while also supporting American manufacturing capacity. The scale of the commitment recalls other major cross-border investment pledges, though the U.S.-Saudi forum is distinguished by its focus on technological and green growth initiatives.

Representatives from Boeing and General Dynamics declined to comment on specific deal terms when reached after the forum, though both companies confirmed their participation in the day's events. The White House emphasized that the investments would create "thousands of high-quality American jobs" while strengthening supply chains in critical sectors.

Correction: An earlier version of this article misstated the total value of the Saudi investment commitment. The correct figure is up to $1 trillion.