Saudi Arabia signed a deal with the USA to purchase weaponry worth nearly $142 billion, the White House reported. The transaction is part of a larger plan in which the Saudis intend to invest $600 billion in the United States economy.

The deal features a mix of public and private partnerships, a strong emphasis on emerging technologies, and a $142-billion arms deal.

The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done.