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Defense tech firm Covenant opens U.S. missile factory, exits stealth

Published

9 September 2026

Topic

technology

Sectors

Defense Tech

Geography

United States

Source

Read at cnbc.com

Verified

Fusion42 · 9 September 2026 · Fusion42 review

Defense tech startup Covenant has opened a 105,000-square-foot missile factory in Dallas to produce 1,000 lower-cost Anthem long-range missiles for the U.S. military in its first year, backed by major venture firms including Andreessen Horowitz and Founders Fund.

This Wire brief sits within Fusion42's coverage of Defense Tech, and 1 source has reported it.

◆ The Wire takeaway

You can now compete directly in U.S. missile supply as Covenant’s new factory cuts costs and boosts production capacity. Lockheed and Raytheon face fresh pressure, and you have a clear market to challenge incumbents.

Coverage

1 source · 9 Sep 2026

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Topics

Defense Techdefense-techmissile-manufacturingus-militaryventure-backedfactory-expansion