A year after Boeing Co. slogged through a deep executive shakeup and prolonged existential crisis, the U.S. planemaker just landed its biggest-ever aircraft order, propelled by a powerful endorsement from President Donald Trump.

Chief Executive Officer Kelly Ortberg signed an accord for as many as 210 wide-body aircraft from Qatar Airways, including the 787 Dreamliner and the larger 777X model with engines from General Electric Co., at a ceremony witnessed by Trump and the Emir of Qatar on Wednesday.

The White House said the deal had a value of $96 billion, although customers typically negotiate steep discounts, especially on such large orders.

The Wednesday announcement in the marble-clad halls of the Qatari Royal Court gave each of the parties in attendance a big win: Trump is on a mission to the Persian Gulf to pull in trillions of dollars of commercial accords to showcase his dealmaking chops. Qatar and its namesake airline get to cement their relationship with the U.S. by backing the country’s biggest exporter. And Boeing walks away with an order that extends its dominance in a region that’s been a major buyer of its most expensive jets.

Qatar agreed to buy 130 787 Dreamliners and 30 777X aircraft, with an option to take an additional 50 widebody aircraft of either type, according to a joint statement from Boeing and the airline. GE Aerospace separately said the pact includes more than 400 engines, its largest-ever deal for widebody turbines.

“After two consecutive years of record-breaking commercial performance and with this historic Boeing aircraft order we’re not simply chasing scale, we’re building strength,” Qatar Airways Chief Executive Officer Badr Mohammed Al-Meer said in the statement.

Boeing said the aircraft ordered by Qatar will be built into the next decade.

The historic order has renewed investor confidence in Boeing’s stock and bonds, more than recovering the losses the planemaker suffered in the wake of the President’s so-called “Liberation Day” trade broadside. It’s also a reminder of the manufacturer’s exposure, both good and bad, to the mercurial president and his whipsawing policies on trade.

Boeing shares have risen 50% after hitting an early April nadir of $128.88 as tariffs and counter-tariffs squeezed suppliers and prompted China to retaliate by halting imports of the U.S.-made jets. With the gains during Wednesday’s trading session, the company’s stock is at the highest price since February 2024.

The New York Times reported that the U.S. and Qatar also signed a statement of defense cooperation. That cooperation, the White House said, includes a $1 billion agreement with Raytheon for Qatar’s acquisition of counter-drone capabilities; a nearly $2 billion agreement with General Atomics for Qatar’s acquisition of a remotely piloted aircraft system; and $38 billion in potential investments including support for burden-sharing at Al-Udeid Air Base, which houses Qatari, U.S. and British airmen.

The purchase of the Boeing planes announced in Doha followed a similar announcement of deals made while Trump was in Riyadh, Saudi Arabia.

The White House on Tuesday said the president had secured $600 billion in deals with the Saudi government and firms. But the details provided were vague, and some of the deals announced as new had already been in the works.

The New York Times contributed to this report.