Defense startup Covenant opens Dallas factory to produce lower-cost Anthem long-range missiles

While the Anthem carries a smaller warhead than legacy systems, it is designed for high-volume production to replenish dwindling U.S. weapons stockpiles. Covenant secured $250 million in funding over three rounds from investors including Andreessen Horowitz and Founders Fund. The company announced two Department of Defense deals: one to accelerate a test and qualification program with the Army and another with the Navy to adapt the Anthem for maritime use. The Dallas facility will begin serial production in the first quarter of 2027, eventually reaching a capacity of 5,000 missiles annually. Covenant also operates production facilities in Germany and Northern Israel to meet global demand. Abby Denburg, president and chief growth officer of Covenant, stated the company designed the Anthem for the China fight and intended to fill the gap for affordable mass and strategic range.