Defense start-up Covenant announced that it has secured approximately $150 million in orders for low-cost missiles, with deliveries expected to begin in 2027. The company aims to address the current shortage of missiles in the U.S. market.
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Covenant Secures $150 Million in Orders for Low-Cost Missiles to Address U.S. Shortage
Covenant, a defense start-up, has announced $150 million in orders for low-cost missiles, with deliveries scheduled to start in 2027. This initiative is intended to help alleviate the missile shortage in the United States.
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Peter Thiel-backed firm to make low-cost missiles amid U.S. shortage
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Covenant Secures $150 Million in Orders for Low-Cost Missiles to Address U.S. Shortage