Close Menu
Times Network New Zealand
  • Home
  • Local News
  • World
  • Business
  • Lifetyle
  • Entertainment
  • Technology
  • Travel
  • Food
  • Editor’s Choice
  • Press Release
What's On
US defence firm plans medium-range missile production near Leipzig

US defence firm plans medium-range missile production near Leipzig

August 31, 2026
French presidential race: De Villepin set to run, Faure enters socialist primary

French presidential race: De Villepin set to run, Faure enters socialist primary

August 31, 2026
Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

August 31, 2026
Relief and sorrow in Iceland after EU membership talks referendum fails

Relief and sorrow in Iceland after EU membership talks referendum fails

August 31, 2026
‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

August 31, 2026
Facebook X (Twitter) Instagram
Web Stories
Facebook X (Twitter) Instagram
Times Network New Zealand
Subscribe
  • Home
  • Local News
  • World
  • Business
  • Lifetyle
  • Entertainment
  • Technology
  • Travel
  • Food
  • Editor’s Choice
  • Press Release
Times Network New Zealand
Home » US defence firm plans medium-range missile production near Leipzig
World

US defence firm plans medium-range missile production near Leipzig

By Press RoomAugust 31, 20262 Mins Read
US defence firm plans medium-range missile production near Leipzig
Share
Facebook Twitter LinkedIn Pinterest Email

Published on
30/08/2026 – 21:14 GMT+2

US defence contractor Covenant plans to start producing medium-range missiles near Leipzig from 2027, according to sources, with up to 1,000 missiles a year thought to be possible.

ADVERTISEMENT


ADVERTISEMENT

The plans could bring a previously little-known cruise missile into greater focus in Germany. But what is actually known about the new weapon?

A reported range of more than 1,500 kilometres

The missiles are expected to have a range of more than 1,500 kilometres, Reuters reported, citing people familiar with the matter.

So far, however, few other technical details are known.

According to sources, the missiles are set to cost a few hundred thousand US dollars each, making them significantly cheaper than Tomahawks, which cost around $2 million per missile, depending on the version.

Covenant is also developing a cruise missile called “Anthem,” which is seen as the company’s flagship project. However, it has not yet been confirmed whether this is the system that is to be produced near Leipzig.

Germany looking to build deep strike capability

Covenant’s plans come as Germany addresses a growing need for long-range missiles that are relatively inexpensive and that can be produced in large numbers.

According to reports, Germany’s Ministry of Defence has already sent requests for proposals to Covenant as part of plans to build up its deep strike capability.

The company is said to be planning to establish supply chains and production lines in Europe.

Although Covenant is a US company, most of the components are expected to come from Germany and other European countries. For Germany, this could mean less reliance on weapons deliveries from the US.

Who is behind Covenant?

Covenant is a relatively new player in the arms industry. The company was founded in 2024 and is also active in Israel.

The firm is backed by US investor Michael Kaufman, who previously worked for the investment firm Thiel Capital. Its backers are also said to include prominent US technology investors such as Andreessen Horowitz and the Founders Fund.

It remains unclear whether Berlin actually intends to procure Covenant’s missiles and how far any talks with the company have progressed.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

French presidential race: De Villepin set to run, Faure enters socialist primary

French presidential race: De Villepin set to run, Faure enters socialist primary

Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

Relief and sorrow in Iceland after EU membership talks referendum fails

Relief and sorrow in Iceland after EU membership talks referendum fails

‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

Major manhunt underway after woman killed in shooting at Swiss rave

Major manhunt underway after woman killed in shooting at Swiss rave

Spain announces €165m emergency package for Ceuta as migrant returns continue

Spain announces €165m emergency package for Ceuta as migrant returns continue

Iceland’s rejection of accession talks deals major blow to EU enlargement

Iceland’s rejection of accession talks deals major blow to EU enlargement

Iceland says ‘No’: Four takeaways from the EU accession referendum

Iceland says ‘No’: Four takeaways from the EU accession referendum

Russia threatens mass strikes on Ukraine energy sites as Kyiv depot death toll hits 38

Russia threatens mass strikes on Ukraine energy sites as Kyiv depot death toll hits 38

Editors Picks
French presidential race: De Villepin set to run, Faure enters socialist primary

French presidential race: De Villepin set to run, Faure enters socialist primary

August 31, 2026
Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

August 31, 2026
Relief and sorrow in Iceland after EU membership talks referendum fails

Relief and sorrow in Iceland after EU membership talks referendum fails

August 31, 2026
‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

‘A close partner’: EU offers muted reaction after Iceland rebuffs accession talks

August 31, 2026
Latest News
US defence firm plans medium-range missile production near Leipzig

US defence firm plans medium-range missile production near Leipzig

August 31, 2026
French presidential race: De Villepin set to run, Faure enters socialist primary

French presidential race: De Villepin set to run, Faure enters socialist primary

August 31, 2026
Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

Is Germany’s Laacher See volcano stirring again? Scientists detect hundreds of deep earthquakes

August 31, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Times Network New Zealand. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.