US Businesses Sign Record 98 Contracts Worth $170 Billion With Foreign Government Buyers
American businesses signed 98 contracts valued at $170 billion with foreign government buyers during the first nine months of the Trump administration, the Department of Commerce’s International Trade Administration (ITA) said in a Sept. 30 statement.
“The record $170 billion in contracts signed with foreign government buyers so far in 2025 vastly surpasses the $12 billion in contracts signed during the same period in 2021,” ITA said.
The contracts are expected to support 589,000 American jobs and ensure $144 billion worth of made-in-USA exports.
“The record-breaking U.S. business wins under President Trump’s leadership reflect an unwavering commitment to rebuilding U.S. industry for the American worker,” Commerce Secretary Howard Lutnick said.
“With record business deals abroad, America is strong again, and together with the American worker, President Trump is transforming the U.S. economy, rebalancing our global trade, and restoring America’s place in the world.”
In terms of value, the U.S. aerospace and defense sector inked $153 billion in contracts with foreign government entities, which is expected to keep the American industrial base strong, according to ITA.
Roughly $5 billion in deals have been signed that will strengthen energy security in the country, especially in the oil, gas, and nuclear sectors.
According to ITA, more than $800 million in contracts have been signed in the information technology sector. In the safety and security equipment sector, more than $600 million worth of deals have been entered, thereby countering untrusted tech and unfair tactics of foreign adversaries.
“In the first nine months of the Trump Administration, ITA advocacy has worked tirelessly to win contracts to support hundreds of thousands of American jobs,” said Commerce Undersecretary William Kimmitt.
“We will continue to be an unrelenting advocate around the world in support of American workers.”
https://www.zerohedge.com/geopolitical/us-businesses-sign-record-98-contracts-worth-170-billion-foreign-government-buyers