Company
Covenant
Covenant develops Anthem, a ground-launched cruise missile built for deep precision strike, for Western militaries and allied governments. ↗
| Department of War obligations | $5 million in prime contracts since fiscal 2022 ↗ |
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Products
- Anthem is a long-range, heavy-payload strike system that Covenant designed to be delivered by the thousands. ↗
Customers
- Covenant builds Anthem on local production lines so allied governments can buy directly from an industrial base in their own region. ↗
Our coverage
- CapitalTechPrecision’s revolver extension leaves lender’s default remedies intactBeacon Bank & Trust extended the credit line to Nov. 30 while preserving its right to demand repayment over continuing covenant defaults.
- Contracts · MunitionsDenmark to buy Kongsberg and Covenant long-range missiles, Breaking Defense reportsDenmark’s planned purchases pair Kongsberg’s F-35 weapon with Covenant’s recently unveiled ground-launched Anthem cruise missile, Breaking Defense reports.
- Capital · Government financingWolfspeed's conditional $1.5 billion Pentagon loan would first refinance its 2030 notesThe Pentagon would get warrants for up to 7.5% of the silicon carbide maker's fully diluted equity, and nothing funds before definitive agreements are signed.