*
Foreign procurement deals nearly tripled from $87 billion
in
2024
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Massive increase in Boeing ( BA ) orders drives increase, Trump
says he
is their 'greatest salesman'
*
Aerospace deals total $217 billion, defense contracts $10
billion, Commerce Department says
By David Lawder
WASHINGTON, Jan 23 (Reuters) - U.S. companies signed
foreign government procurement contracts worth $244 billion in
2025 with assistance from the U.S. Commerce Department, nearly
triple the total in 2024 as Boeing ( BA ) logged a massive increase in
jetliner orders, the agency's International Trade Administration
said on Friday.
ITA said that the 121 contracts, also aided by foreign
spending commitments in recent trade deals negotiated by the
Trump administration, contain about $206 billion in U.S. export
content and will support about 844,000 American jobs.
In 2024, the last year of the Biden administration, ITA
logged $87 billion contracts signed, which was up significantly
from a COVID-era low of $17 billion in 2021.
The jump for 2025 comes with a massive increase in Boeing ( BA )
jetliner net orders to 1,075 last year from 377 in 2024. Boeing ( BA )
in 2025 rebounded to its sixth-best order year ever and topped
arch rival Airbus' net orders for the first time in seven years.
Sales of Boeing ( BA ) planes and GE Aerospace jet engines
made up $215 billion of the total ITA-assisted 2025 contracts,
based on value estimates released by the Trump administration,
with $187 billion in export value. The total included a record
deal with Qatar Airways for up to 210 widebody 787 and 777X
aircraft valued at $96 billion, including engines.
Boeing ( BA ) CEO Kelly Ortberg signed the deal with President
Donald Trump and Qatar's Emir Tamim bin Hamad Al Thani during
Trump's visit to Doha in May. Trump has boasted that he's the
"greatest salesman in the history of Boeing ( BA )."
The aircraft total also includes a deal valued at $50
billion with Korean Air Lines that was billed as part of a U.S.
trade and investment deal with the Asian exporter that reduced
tariff rates and includes $350 billion in other investments.
Value estimates on announced aircraft orders are often based
on list prices, but the final sale price of a jetliner can vary
widely depending on myriad factors, such as the customer's size
and loyalty, delivery timing, long-term maintenance agreements,
order volume and materials cost escalation terms.
Planemakers collect most of their payment when a jet is
delivered, so Boeing ( BA ) will not see the bulk of the money from
these orders until several years after Trump's term ends in
2029.
The Commerce Department's totals only include signed
contracts, so a number of preliminary Boeing ( BA ) purchase
commitments announced last year by Malaysia, Bangladesh and
other countries as part of trade negotiations would likely be
counted in the 2026 totals if the contracts are finalized, an
ITA spokesperson said.
"We are laser-focused on promoting investment,
manufacturing, and new opportunities for American companies and
workers," Commerce Secretary Howard Lutnick said in a statement.
"While 2025 was historic, it was just the beginning. We will
continue to usher in a new era of American manufacturing and
prosperity."
The ITA's Assistance Center advises companies on bidding for
foreign government procurement contracts, and often sets up
meetings between foreign decision-makers and high-ranking U.S.
officials to promote American firms, marshaling resources from
various U.S. agencies.
U.S. locomotive maker Wabtec signed a $4.2 billion contract
to supply 300 heavy-haul locomotive kits to Kazakhstan in
September after an advocacy campaign that included a phone call
between Trump and Kazakh President Kassym-Jomart Tokayev, the
ITA said.
The Wabtec deal, its largest foreign sale ever, was among
$8.3 billion in global infrastructure and supply chain projects
won by U.S. companies in 2025, ITA said.
The agency said that the $244 billion total also includes
$10 billion in defense sector contracts, $7 billion in energy
sector contracts and $3.4 billion in technology sector
contracts, including AI, cybersecurity, fintech and healthcare.