The Saudis have long desired the jets, seen as a bargaining chip in negotiations to normalize relations between Riyadh and Israel.
But Trump said alongside Saudi Crown Prince Mohammed bin Salman on Tuesday the sale could go ahead without announcing any breakthroughs in regional relations.
"No," Trump said, when asked if the sales were part of a broader security agreement. "We're going to have a deal. They've going purchase F-35s. They're buying them from Lockheed and it's a great plane."
Another reporter noted that Israel had pushed to have the transaction be conditioned upon normalization of relations with Saudi Arabia.
"Israel is aware and they're going to be very happy," Trump responded.
He also said the F-35s being sold to Saudi Arabia are "going to be pretty similar" to the caliber of Israel's fleet.
The potential package of fifth-generation stealth fighters has prompted concerns among Israeli and some U.S. officials as it risks toppling Israel's so-called Qualitative Military Edge.
Prince Mohammed and Trump said they discussed an expansion of the Abraham Accords, in which Israel during Trump's first term normalized relations with several smaller Arab states. But the crown prince suggested that Riyadh was not yet satisfied that Israel and Palestine are headed toward a two-state solution despite their Trump-brokered ceasefire.
"We want to be part of the Abraham Accords, but we want also to be sure that we secure a clear path of a two-state solution," he told reporters.
"We talked about one state, two state. We talked about a lot of things," Trump added. "In a short period of time, we'll be discussing it further, too."
Trump said both Israel and Saudi Arabia deserve the best the U.S. has to offer.
"Israel's a great ally, and I know they'd like you to get planes of reduced caliber," Trump said. "I don't think that makes you too happy … as far as I'm concerned, I think they are both at a level where they should get top of the line."
The fighter jet sale comes as Trump said an agreement was reached on a defense pact with Saudi Arabia, a key ask for the kingdom but an agreement that falls short of a mutual defense treaty that would likely fail to gain Senate ratification.
Read about the key takeaways from the meeting on thehill.com.
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