Covenant Opens Dallas Missile Factory, Exits Stealth

Anthem is designed to use a solid rocket motor for launch and a heavy-fuel jet engine during cruise flight.
Covenant is targeting a unit price in the mid-six-figure range once Anthem reaches full-rate production, positioning it as a lower-cost alternative to legacy cruise missiles.
The missile’s Pacific-oriented concept envisions launches from allied islands such as the Philippines, allowing strikes against Chinese targets across roughly 2,000 miles without relying on manned aircraft or naval strike groups.
The Navy’s roughly $70 million Maritime Anthem program includes Defense Exportability Features intended to make the naval variant easier to provide to U.S. allies and partners.
Covenant’s launch comes amid efforts by the United States and its allies to replenish stocks of long-range precision-strike missiles, which the reports say were depleted during the war in Iran.
Defense startup Covenant has emerged from stealth with Anthem, a long-range cruise missile designed for mass production at a fraction of legacy costs. The company has raised over $250 million, secured roughly $150 million in government contracts, and opened a 105,000-square-foot factory in Dallas. Military.com reports Covenant plans to produce 1,000 missiles annually starting in early 2027, scaling to 5,000 per year as the program matures.
Anthem carries a payload exceeding 200 kilograms and has completed more than 200 test flights. Tectonic Defense confirms the funding came from Andreessen Horowitz, Founders Fund, Lux Capital, 8VC, Aleph, and Lightspeed. The missile targets a mid-six-figure unit price once full production begins, positioning it as a lower-cost alternative to systems like RTX's Tomahawk and JASSM-ER.
Anthem uses a solid rocket motor to launch and a heavy-fuel jet engine during cruise flight. This dual-engine design lets the missile travel roughly 2,000 miles without requiring manned aircraft or naval strike groups. Times of Israel notes the missile will be partially produced in Israel, with manufacturing also spanning the United States and Germany.
The U.S. Army is running testing and qualification programs with Anthem. The Navy committed roughly $70 million to develop a Maritime Anthem variant equipped with Defense Exportability Features designed to transfer the weapon to allied partners faster. WDSM 710 reports production in Germany will launch in early 2027 to meet European demand for long-range missiles.
Covenant markets Anthem as a tool for potential Pacific conflict, enabling strikes from allied territories like the Philippines against targets across 2,000 miles without reliance on carrier strike groups. This model lets the U.S. and partners fire larger salvos and rebuild inventories faster than traditional high-cost systems. The approach shifts focus from single-weapon capability toward volume and operational sustainability across a vast theater.
Covenant's rise marks a shift in U.S. defense manufacturing. The startup combines venture financing, commercial production targets, and early government contracts to challenge the model dominated by a handful of large primes. Over 200 employees operate from Dallas, with plans to expand across multiple nations. Bloomberg highlighted Covenant's emergence as part of a broader push to replenish long-range precision-strike stocks depleted during recent conflicts.
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