Defense: US company apparently plans to build cruise missiles near Leipzig starting in 2027
According to a report, the company Covenant will soon produce up to 1000 missiles per year in Saxony. They may possibly replace the significantly more expensive Tomahawks.
US defence company Covenant plans to start producing medium-range missiles near Leipzig from 2027, with a possible annual output of up to 1000 units. The missiles are expected to have a range of over 1500 kilometres. The company, backed by investors including Andreessen Horowitz and Founders Fund, aims for initial deliveries in early 2027.
The plans coincide with the German government's search for affordable, mass-produced cruise missiles to complement more expensive systems. The US has reportedly stopped plans to supply "Tomahawk" cruise missiles to Germany.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.