U.S. Defense Contractor Plans to Build Cruise Missiles in Germany
Covenant said the missile is priced at a fraction of legacy systems and aims for 5,000 annual units to rebuild depleted Western stockpiles.
- On Wednesday, defense startup Covenant unveiled Anthem, a long-range, heavy-payload cruise missile designed for mass production to challenge major U.S. weapons makers backed by Silicon Valley investors.
- Ongoing conflicts in Ukraine and Iran have depleted Western missile stockpiles faster than major defense contractors can replenish them, creating urgent demand for affordable, mass-producible alternatives.
- Backed by $250 million in funding from investors including Andreessen Horowitz and Founders Fund, Covenant opened a 105,000-square-foot Dallas facility on Wednesday and has booked roughly $150 million in orders.
- The company announced two Department of Defense deals Wednesday: an Army testing program and a Navy maritime variant project valued at roughly $70 million, aligning with the Pentagon's Replicator Initiative.
- Designed for what Covenant President Abby Denburg called "the China fight," Anthem fills a gap between short-range drones and expensive legacy systems, with international deliveries beginning later this year.
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The Financial Times reports that Covenant, a startup backed by tech billionaire Peter Thiel, is building factories in the US, Israel and Germany. The company plans to mass-produce long-range precision weapons designed to counter threats from China, Russia and Iran.
The American company Covenant will start producing components for long-range missiles Anthem in 2027 and will launch 1,000 missiles in the first year and then increase the volume to 5,000.
Covenant's Saxony facility aims to produce 1,000 Anthem missiles in the first year before raising annual output to 5,000
Covenant emerges from stealth with Anthem long-range strike system
American defense startup Covenant emerges from stealth with Anthem, a long-range, heavy-payload weapon system, as it opens a Texas factory and expands production in the US, Germany and Israel ahead of a 2027 rollout
<p>An American startup will start producing low-cost cruise missiles in Germany next year. American Covenant plans to produce low-cost Anthem missiles in Germany from 2027. The company aims to produce 5000 units every year.</p>
The US-Israeli armaments company Covenant wants to build an extensive production of far-reaching cruise missiles in Saxony. "In the first year we will produce about 1000 units and then drive up to 5000 units. That is our goal for the annual production," said Covenant CEO Abigail Denburg.
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