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

I judge people by their actions, not by their words. The non-interventionist candidate’s words were meaningless drivel to get elected. His actions reflect those of a neo-con warmonger still believing the US can police the world and has no problem selling arms to the people who were behind the 9/11 attacks. Trump is promoting military action around the globe. We will reap what he sows. Next up, a war to distract from his domestic agenda failures. Wag that dog.
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.”

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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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56 Comments
WIP
WIP
May 20, 2017 11:36 am

The world is a vampire…

hardscrabble farmer
hardscrabble farmer
May 20, 2017 11:40 am

Forgive me for pointing this out, but isn’t that the nation that produced 15/19ths of the alleged 9/11 hijackers? There isn’t a word to describe that level of ignorance.

1/3 of a trillion dollars in armaments sold to a nation that is the source of that kind of hostility is the definition of nation wrecking. Period.

There can be no justification, no excuse, no plausible explanation beyond the glaringly obvious.

daddysteve
daddysteve
  hardscrabble farmer
May 20, 2017 1:28 pm

I think we all realize that “ignorance” isn’t the real problem here. “Traitor” and “murderer” are the terms most closely associated with this event.

Vic
Vic
  daddysteve
May 21, 2017 6:34 am

Which is what every president before Trump in the last 150 years have done.

javelin
javelin
  hardscrabble farmer
May 20, 2017 7:51 pm

Maybe one explanation if you’re grasping. It makes more sense to just sell the weapons to the Saudis for hundreds of billions than to continue to do all of their bombing and culling of Saudi enemies at the taxpayers expense ( think Yemen, Libya, Syria and maybe even Iran eventually).
Still not sure which is worse–arming the evil enemies of freedom or doing their killing and warring for them……..

Westcoaster
Westcoaster
  hardscrabble farmer
May 20, 2017 11:19 pm

And they’re Grrrrrrrrrrrreeeeeeeeed!

Zarathustra
Zarathustra
May 20, 2017 11:41 am

I hope the Saudis behead a few hundred people to celebrate.

Meanwhile in Iran, Rouhani wins re-election in a landslide. In response, the US Senate is scheduled to move new Iran sanctions next week….so much for promoting democracy.

Another day in the life of Israel’s personal bitch.

Anonymous
Anonymous
  Zarathustra
May 20, 2017 2:09 pm

Yeah, Iran is the shining beacon of Democracy in today’s world.

And you’re on their side.

Zarathustra
Zarathustra
  Anonymous
May 20, 2017 5:11 pm

Iran’s elections are at least as competitive as ours and are certainly less corrupt. At least their deep state is out in the open for everyone to see. Face it, pal when it comes to democratic institutions, the US is no example to anybody except maybe N. Korea..at least on the national level.

javelin
javelin
  Zarathustra
May 20, 2017 7:53 pm

BS–their “elections” are a farce–the president is not even the ruler of the country. The elections have even less value than the US elections do.

Zarathustra
Zarathustra
  javelin
May 20, 2017 8:04 pm

Well of course. Any idiot can plainly see that Trump runs the country and that Rouhani is just a figurehead…

A question. Answer honestly. Is there less of a difference between Rouhani and Ahmedinejad than there was between Obama and Bush? Explain your answer.

javelin
javelin
  Zarathustra
May 20, 2017 10:50 pm

No difference between either or their predecessor–but that was my point. The election is a farce, Iran’s president is not the ruler OR leader ( more of a figurehead for western society’s sake it seems.)

Zarathustra
Zarathustra
  javelin
May 20, 2017 11:22 pm

Okay, you’re a dumbfuck. You’re not alone. Murica.

Fleabaggs
Fleabaggs
  Anonymous
May 20, 2017 5:55 pm

An
As compared to who? Surely you don’t mean us.

Capn Mike
Capn Mike
  Anonymous
May 20, 2017 6:19 pm

Troll Alert

Vic
Vic
  Anonymous
May 21, 2017 6:36 am

Just to remind you, Iran hasn’t started a war in the last 500 years. They’ve defended themselves in war, such as the Iraq-Iran war, but they haven’t started one.

Realist
Realist
May 20, 2017 12:39 pm

Unbelievable. We provide the country primarily responsible for the largest terrorist attack on our soil with the largest arms deal in the history of our country. Meanwhile, just for funsies, we tear up the countries that had nothing to do with the attack. But, no worries, money is flowing to the right people and the sheep are still asleep.

suzanna
suzanna
  Realist
May 20, 2017 6:54 pm

I can’t stand it! SA was a peripheral $$$ player in the
9/11 debacle…not a prime mover.

We share that reserve currency for protection contract
with SA. So what? Those bastards! NO…unless we want
chaos tomorrow, it is required we play the game a while
longer. The underpinnings of FUSA are rotted and near
collapse…we can “buy” the time to shore those up a bit…
so we are stronger for the coming shocks.

Or I could be all wrong and all any and every gov wants is
to make money killing others. See what them entanglements
get you? Talkin’ a little “up north” a bit there.

Iska Waran
Iska Waran
  suzanna
May 20, 2017 7:41 pm

The Saudis damn sure seemed to know about 9-11 before it happened. If you’d had a kid killed in the World Trade Center you might think otherwise. If the Iranians are the greater threat to World Peace than the Arabs, it’s only because the latter are so backward. This still looks like the Great Game: replace Assad with a Sunni government so that oil and gas pipelines can run across Syria and Turkey to Europe, weakening Russia’s economy for a possible invasion or first strike against Russia by the US.

Vic
Vic
  Iska Waran
May 21, 2017 6:39 am

That’s what I don’t understand. Why do support Sunni Islamic countries, who are the worst of the worst, yet we want to kill all the Shia, who aren’t doing anything to anyone, regardless of what the U.S gov. says. A religious war within a religion.

javelin
javelin
  Realist
May 20, 2017 7:57 pm

What is even more “unbelievable” is that for the past 8 years we have been killing or dis-empowering the Saudi’s enemies for free! ( Think Gadaffi, Assad’s Syria,, Mumbarak’s Egypt, Yemeni President Abed Rabbo Mansour Hadi etc)

Goldorack
Goldorack
May 20, 2017 12:47 pm

saudis will bomb the shit out of yemen. yemenis will torch some more dozens of brand new M1A2 Abrams with rusty russian ATGMs from the seventies, will shot down more mercenaries from morocco and colombia. then the saudis will resume targeting schools, wedding parties, and kindergartens with their cruise missiles. yemenis will flaten a base or two in KSA with their scuds, and sink a frigate with an inflatable boat driven by a kamikaze in flip-flops.

that’s life

CCRider
CCRider
May 20, 2017 1:06 pm

Disgusting. I wonder what ever became of Bannon? Mr. Anti-establishment is at a point where he walks, acknowledging that he hitched his wagon to a rat or admits, tacitly at least, that he’s a lying POS like that OBummer named bullshitter (and who would know better) he works for.

But, fear not Trumpsters, Scott Adams is going to explain how Joe Lieberman at the FBI will further prove the Orange Sell-out is playing upside down Parcheesi while the rest of us dolts believe our lyin eyes.

suzanna
suzanna
  CCRider
May 20, 2017 6:58 pm

Lieberman/FBI?
That has to be a game move…that can’t happen.

CCRider
CCRider
  suzanna
May 20, 2017 9:48 pm
Vic
Vic
  CCRider
May 21, 2017 6:42 am

And Lieberman the third amigo of McCain/Graham, the biggest anti-Trump warmongers in the U.S, maybe the world. It’s got to be a no-way like Romney was. Trump can’t be serious, or he’s an idiot, and I don’t think he’s an idiot.

Flashman
Flashman
May 20, 2017 1:17 pm

“What’s good for M&M enterprises is good for America”.

…….Milo Minderbinder, Catch 22

Anonymous
Anonymous
May 20, 2017 2:28 pm

So no one seems to be saying who they would prefer to have the Saudi’s ally themselves with and purchase their arms from.

Using dollars we sent to them in the first place for their oil and that need to be exchanged for American goods to make good on them and bring them home where they will circulate in our economy instead of someone else’s.

Iska Waran
Iska Waran
  Anonymous
May 20, 2017 7:42 pm

By that logic, we should arm Iran.

AWB
AWB
  Iska Waran
May 21, 2017 9:19 am

You think they’re not already a nuclear power? The Ukraine and Iran are both routes for oil and gas pipelines into Europe, in geopolitical terms. Russia wants to sell gas, the Saudis want to sell oil, and Israel is intent on controlling it all, Europe and the pipelines, ala Soros and the Ashkenazim Rothschilds.

Trump won’t play from the script, neither did Kennedy or Carter, neither of whom has the ego of Trump. This should get interesting as the game board may actually advance against the one world order globalists.

I (formerly Nonanon) agree with Anon, who would you rather see the Sauds ally? Surely, they hate Israel, the real terrorist in the ME, who are using the war in Syria as a pretext for mass muslim migration into Europe, which is the means by which Europe is under attack. Jews and Muslims alike deny Jesus is the Christ. Who cares if they blow themselves up? Nations must defend their sovereignty and borders. After Europe falls, the US will be the last bastion of freedom, liberty, and western civilization. Trump is the antidote to the globalists ambitions.

All hail the Emperor!

Anonymous
Anonymous
  Iska Waran
May 21, 2017 10:09 am

Iran is already with Russia.

General
General
May 20, 2017 2:38 pm

Unfortunately, if Saudi Arabia wasn’t allied with the US, they would most likely be allied with China. If that happened, the petrodollar would end, and the petroyuan would be king. That would effectively, end the American Empire and start the China empire.

So what would you do?

Anonymous
Anonymous
  General
May 20, 2017 3:06 pm

I’m thinking they could very easily ally with Russia too.

The result for America would be the same either way.

We should have moved away from the petrodollar and BIS system (reserve currency status) being the basis for the value of our dollar decades ago, but since we didn’t we’re in quite a pickle now and I’m not seeing any quick or easy way out of it.

General
General
  Anonymous
May 20, 2017 7:37 pm

While in theory Russia could ally with Saudi Arabia, Russia is more of a competitor. China, on the other hand, would buy enormous amounts of oil from the Saudis.

TampaRed
TampaRed
  General
May 21, 2017 9:18 am

General-
“While in theory Russia could ally with Saudi Arabia, Russia is more of a competitor. China, on the other hand, would buy enormous amounts of oil from the Saudis.”
And what would happen to Europe?
To oil prices worldwide?

Vic
Vic
  Anonymous
May 21, 2017 6:44 am

Anonymous, hear, hear!

willy
willy
  General
May 21, 2017 12:11 pm

The Chinese Empire started thousands of years ago.

NtroP
NtroP
May 20, 2017 3:18 pm

Although this is the latest, and presumably the largest arms deal with them, this shit has been going on for a looooooong time.
A few years after 9/11, I was at the large, beautiful Riyadh airport, returning from a stint working at an Aramco refinery. (BTW, the royals have their own segregated, super-luxury terminal, thereby never having to mingle with the plebes. This would be where Trump arrived.)
Going through their strict security, I noticed some young, super-fit looking Americans nearby, and noticed they were on diplomatic passports. As a former Army vet, I was thinking special forces, or possibly 3-letter intelligence personnel.
Later, when we were at the same gate, U.S. bound, I was sitting near them, overhearing some of their conversations, and struck up a conversation with them. There were 6 or 8 of them, and they were very friendly with a fellow yank.
They were military trainers, mostly Air Force pilots, there training the Saudis to fly the very latest equipment that we sell them. They seemed pretty open about discussing this, perhaps partly because I was a private pilot and showed admiration for their skill level.
I remember they definitely felt superior to the Arab pilots, and didn’t consider them a potential threat.
Anyway, like I said, been going on a long time.

Capn Mike
Capn Mike
May 20, 2017 6:23 pm

Hey, somehow I missed Iran on that list. So, ‘splain to me again why Saudi needs all those weapons against the “Iranian Threat”.

AWB
AWB
  Capn Mike
May 21, 2017 9:22 am

They need it to defend against Israel, the single largest threat to peace in the world today. Why not arm both sides?

Vic
Vic
  Administrator
May 21, 2017 6:49 am

I wish we would stay out of all of this. No arms sales, not troops, not equipment. Let each country dead with their own stuff, including the U.S.
I know, a pipe dream.

AWB
AWB
  Administrator
May 21, 2017 9:29 am

Jumpin’ Yemini! Yemini rebels are to blame for the atrocities. Besides, who really cares if a million chinese or a million arabs die? Did anyone care in Rowanda? Zimbabwe? Rhodesia? Or, South Africa?

Now we’re supposed to be the world’s police power? You can’t have it both ways!

Oh, I feel better now that I care. What hypocritical and utter BS!

BL
BL
May 20, 2017 9:06 pm

A couple if days ago Der Spiegel declared Trump a danger to the world, Trumpeteers still think he is “winning”. I have never seen anything like this, what does it take for you to say that it is enough?

Anonymous
Anonymous
  BL
May 21, 2017 10:13 am

Anyone that opposes Islam is a danger to the world to the German leadership and leftist rulers.

TJF
TJF
May 20, 2017 10:03 pm

America first…….?!?!?!?!

Vic
Vic
  TJF
May 21, 2017 6:51 am

What do you expect from a man who gets his military information from the news channels. And now he’s in the intelligence bubble that is reflected in those news channels. No way out now, Trump. And no way out now for the U.S.

anon
anon
May 20, 2017 10:20 pm

“His actions reflect those of a neo-con warmonger still believing the US can police the world and has no problem selling arms to the people who were behind the 9/11 attacks” – admin

((ISRAEL)) was responsible for 9/11.

((USA)) gives them arms free of charge aka “foreign aid funding” so they can “purchase” ((USA)) weapons.

((Who)) wrote the ((9/11 Commission Report))?

Inquiring minds want to know.

Socratic Dog
Socratic Dog
  anon
May 21, 2017 1:57 am

Thanks to you and Suzanna for a little bit of common sense. It boggles my mind that people can reject the 9/11 report and blame the Saudis, but not see that there was a built-in fallback position designed to shield those truly responsible, Mossad and Zio-cons inside the US government and Deep State, starting with the vice president of the day. Why do you think the 28 pages were redacted, when they turned out to say so little? They were designed to point the finger at the Saudis.

Wake up guys. The Saudis have a long history of involvement with Mossad, and of playing bagman to both Mossad and the CIA. They have neither the initiative, the balls nor the competence to pull off something like 9/11. Any involvement of the Saudi state or intelligence was under the direction of others, see above.

nkit
nkit
  Socratic Dog
May 21, 2017 9:16 am

Reminiscent of the Lavon Affair also known as Operation Susannah.

TampaRed
TampaRed
May 21, 2017 9:32 am

S Dog-
“They have neither the initiative, the balls nor the competence to pull off something like 9/11. Any involvement of the Saudi state or intelligence was under the direction of others, see above.”

Other than getting the attackers admitted to flight school and keeping the relatively small amounts of money flowing,how much skill and drive was needed to pull off 9/11?

BL
BL
  TampaRed
May 21, 2017 10:00 am

S dog
Are you serious? Funding the murder of 3000 Americans does not excuse the Saudis. And just to remind you, Israel is funneling trillions out of the US each year and it doesn’t take a genius to figure out who had the biggest hand in 9/11.

Are you really OK with Trump and this 350 billion arms deal?