Saudi Arabia is already America’s top arms buyer and now Trump wants to add F-35s

Trump says more nations want to expand ties with Israel under Abraham Accords

In an exclusive interview with Maria Bartiromo on "Sunday Morning Futures," President Trump said more nations want to normalize ties with Israel under the Abraham Accords. (Credit: Sunday Morning Futures)

There’s no business quite like the U.S. arms business and no audience roars louder in approval than Saudi Arabia.

On Tuesday, President Donald Trump is expected to close several deals with Saudi Arabia’s powerful Crown Prince Mohammed bin Salman, a visit that could see billions more in U.S. weapons flow to one of the world’s most prolific importers of military hardware.

TRUMP SET TO HOST SAUDI ARABIA'S POWERFUL CROWN PRINCE AT THE WHITE HOUSE THIS WEEK

Trump told reporters at the White House on Monday that the U.S. will likely move forward with a deal to sell F-35 jets to Saudi Arabia.

The F-35, the crown jewel in Lockheed Martin’s portfolio, is among the most advanced fighter jets in the world and one of the most sought-after symbols of U.S. military might.

Lockheed Martin's F-35 Lightning II Joint Strike Fighter comes in three variants. (Samuel King Jr./U.S. Air Force)

Saudi Arabia’s oil-rich monarchy is one of America’s most crucial strategic partners in the Middle East and one of the U.S. defense industry’s most dependable customers.

For Washington, the partnership means billions in defense revenue and a key ally in the Gulf. For Riyadh, it’s a pipeline to the world’s most advanced military technology and a symbol of its ambition to stand shoulder to shoulder with the world’s military powers in a volatile region.

TRUMP SET TO HOST SAUDI ARABIA'S POWERFUL CROWN PRINCE AT THE WHITE HOUSE THIS WEEK

U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman met in May during Trump's first state visit of his second term. (Win McNamee/Getty Images)

According to a report by the Stockholm International Peace Research Institute, between 2020 and 2024, Saudi Arabia was the top buyer of American-made arms, accounting for 12% of all U.S. weapons exports, followed by Ukraine (9.3%) and Japan (8.8%). The U.S. was also by far the kingdom’s main supplier, providing 74% of all Saudi arms imports during that period.

That level of spending underscores Saudi Arabia’s regional military ambitions, but globally, it’s the U.S. that dominates by an extraordinary margin.

SAUDI ARABIA'S 40-YEAR-OLD DISRUPTOR: HOW MBS REWIRED THE KINGDOM IN 10 SHORT YEARS

With $997 billion in defense spending in 2024, the U.S. outspent every other nation several times over, investing more than triple what China, the world’s second-largest spender, devoted to its military.

Beyond defense spending, the U.S. also leads the world in arms exports, responsible for nearly half of all major weapons sold globally between 2020 and 2024. In total, 162 nations purchased major weapons systems, but just five importers, Ukraine, India, Qatar, Saudi Arabia and Pakistan, accounted for 35% of global imports, highlighting how concentrated the world’s arms trade remains.

The crown prince serves as the kingdom’s powerful understudy to his 89-year-old father, King Salman. Widely regarded as Saudi Arabia’s de facto ruler, he manages nearly all daily affairs of state and frequently represents the kingdom in international summits and diplomatic meetings.

Tuesday’s meetings will mark the crown prince's first visit to the White House in more than seven years. 

CLICK HERE TO GET THE FOX NEWS APP 

The two last met in May, when Trump made his first state visit of his second term to Riyadh. He was welcomed with a fighter jet escort, an honor guard wielding golden swords and a parade of Arabian horses flanking his limousine.

It was a scene that captured the enduring spectacle of U.S.–Saudi ties, a partnership as opulent as it is strategic and one that remains vital to both nations’ ambitions.

Amanda covers the intersection of business and geopolitics for Fox News Digital.