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Peter Thiel-backed firm to make low-cost missiles amid U.S. shortage

Defense start-up Covenant said it has inked about $150 million in orders to start being delivered in 2027.

Peter Thiel-backed firm to make low-cost missiles amid U.S. shortage
Democracy Dies in Darkness
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A defense technology start-up backed by Silicon Valley billionaire Peter Thiel announced Wednesday that it is making long-range cruise missiles that can be produced at a low cost, amid a U.S. weapons stockpile shortage that has been caused by the U.S. conflict in Iran.
The Washington Post Verified Source

Reported by Pranshu Verma · Syndicated via official news feed

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