Covenant Industries to build missile factory near Leipzig in 2027

Covenant Industries Anthem missile Leipzig defense manufacturing cruise missiles

US defense company Covenant Industries plans to establish a manufacturing facility near Leipzig, Germany, starting in 2027. The site is intended to produce up to 1,000 Anthem medium-range cruise missiles annually to address capacity gaps in European defense strategies.

The Anthem missile features a range exceeding 1,500 kilometers, significantly longer than the 500-kilometer range of the Taurus system currently used by the German military. The company aims to offer a cost-effective alternative to existing systems; while a Tomahawk missile costs approximately 2 million US dollars, the Anthem is expected to cost several hundred thousand dollars per unit.

Covenant Industries recently completed a successful live-fire test of the Anthem system at the AMTEC test site in Morocco on August 6, 2026. Although the company is American-owned, it intends to source the majority of its manufacturing components from Germany and other European nations. Investors in the company include Peter Thiel’s Founders Fund.

Entities

Covenant Industries · Founders Fund · German Ministry of Defense · Leipzig · Peter Thiel

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The facility is planned to begin production in 2027. www.ad-hoc-news.de · de.rt.com · gr.euronews.com
[● 2 SOURCES] Most components for the missiles will be sourced from Germany and other European countries. www.ad-hoc-news.de · de.rt.com
[● 2 SOURCES] The cost per Anthem missile is expected to be several hundred thousand US dollars. www.ad-hoc-news.de · gr.euronews.com
[● 3 SOURCES] The production capacity is expected to reach up to 1,000 Anthem cruise missiles per year. www.ad-hoc-news.de · de.rt.com · gr.euronews.com
[● 3 SOURCES] The Anthem missile has a range of more than 1,500 kilometers. www.ad-hoc-news.de · de.rt.com · gr.euronews.com
[● 3 SOURCES] Covenant Industries conducted a successful live-fire test of the Anthem missile in Morocco on August 6, 2026. www.ad-hoc-news.de · de.rt.com · gr.euronews.com
[● 3 SOURCES] Covenant Industries intends to build a manufacturing facility for medium-range missiles near Leipzig, Germany. www.ad-hoc-news.de · de.rt.com · gr.euronews.com
[○ 1 SOURCE] Founders Fund, led by Peter Thiel, is an investor in Covenant. de.rt.com