President Donald Trump’s first overseas trip since returning to the White House turned a lot of heads across the aerospace, defense and semiconductor industries. Over the course of a few days, he visited three key Persian Gulf states — Saudi Arabia, Qatar and the United Arab Emirates (UAE) — where a cascade of economic agreements potentially totaling in the trillions of dollars was unveiled.

One of the marquee announcements was a $142 billion arms deal, part of a broader $600 billion commercial package between the United States and Saudi Arabia. Touted by the White House as the “largest defense sales agreement in history,” the deal includes “state-of-the-art warfighting equipment” and services from more than a dozen American defense companies, though none are named.

Saudi Arabia is already the largest U.S. foreign military sales customer, with nearly 80 percent of its defense acquisitions coming from American companies. According to the Stockholm Internat