Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said Wednesday.
The deal for the 787 Dreamliner and 777X aircraft, struck during President Donald Trump’s state visit with the emir of Qatar, is Boeing’s “largest-ever widebody order and largest-ever 787 order,” according to the White House.
Further details about the agreement were unclear. Boeing did not immediately respond to CNBC’s requests for comment.
Boeing CEO Kelly Ortberg appeared alongside Trump at the Amiri Diwan in Doha earlier Wednesday for a signing ceremony on the aircraft deal.
“It’s the largest order of jets in the history of Boeing,” Trump said after Ortberg signed the agreement.
The White House said in a fact sheet that the deal will support 154,000 U.S. jobs annually and over 1 million total domestic jobs over the course of production and delivery.
The deal could be a boon for Boeing, which has not posted a profit since 2018.
The planemaker has been beset by major safety concerns, manufacturing defects, cost overruns and a nearly two-month-long machinist strike last year.
But it has recently narrowed its losses as it addresses a backlog worth more $500 billion, Ortberg said last month in the company’s first-quarter earnings call.
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— CNBC’s Michele Luhn contributed to this report.