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.

Commerce Secretary 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

U.S. businesses signed 98 contracts valued at $170 billion with foreign government buyers during the first nine months of the Trump administration, the Commerce Department’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 stated.