President Donald Trump’s administration helped American companies win $170 billion in foreign contracts, with aerospace and defense securing $153 billion of the total.
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FIRSTONFOX:Americancompanieshavewonarecord$170billioninforeigngovernmentcontractssincePresidentDonaldTrumpreturnedtooffice,theDepartmentofCommerceannouncedTuesday.
Thedealsamountto98contractsandareexpectedtogenerate$144billioninU.S.-manufacturedexportsandsupportnearly600,000Americanjobs,accordingtotheInternationalTradeAdministration(ITA),theCommerceDepartment’sarmfortradeandexports.
TRUMPSAYSHEHOLDS‘INCREDIBLECARDS’THATCOULD‘DESTROYCHINA’BUTWON’TPLAYTHEMYET
Thetotaldwarfsthe$12billionincontractssignedduringthesameperiodin2021underformerPresidentJoeBiden.
Theaerospaceanddefensesectortookthelion’sshare,securing$153billioninsignedcontracts.Otherdealsincludedabout$5billioninnuclear,oilandgasprojects,$800millionininformationtechnology,andmorethan$600millioninsafetyandsecurityequipment.
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