Abigail Denburg

Covenant Raises $250 Million to Scale Long-Range Missile Production

Covenant is emerging from stealth with $250 million in funding and a claim that the US and its allies need long-range, heavy-payload cruise missiles that can be bought and produced in far greater numbers. President and Chief Growth Officer Abby Denburg argues that existing “exquisite capabilities” are too costly and scarce to close what she calls the deep precision strike gap. The company’s test is whether it can turn its Anthem prototype into serial production, beginning with planned deliveries from Dallas and a parallel facility in Germany.