US Businesses Sign Record 98 Contracts Worth $170 Billion With Foreign Government Buyers

The U.S. aerospace and defense sector inked $153 billion in contracts with foreign government entities.

U.S. Secretary of Commerce Howard Lutnick speaks at the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh on July 15, 2025. Samira Bouaou/The Epoch Times

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.