Thiel-backed startup Covenant to mass-produce low-cost long-range missiles for US, Europe

Covenant, a Peter Thiel-backed startup, plans to mass-produce low-cost long-range missiles, targeting the US and European need to replenish arsenals amid potential conflicts with Russia or China. This marks a shift toward commercial, scalable defense manufacturing, potentially disrupting traditional prime contractors. The claim is based on a single report; details on production capacity and cost are unverified.