A Silicon Valley-backed defense startup, Covenant, has revealed a new low-cost cruise missile. The unveiling occurs as the United States seeks to replenish its missile stockpiles following the conflict with Iran. Production of the missile is slated to take place across three countries: Israel, Germany, and the United States. The companies involved are aiming for an annual output of 12,000 missiles. A portion of the missile's manufacturing will be based in Israel. This development aims to address critical gaps in missile defense capabilities and bolster supply for the US military. The project signifies a collaborative effort in defense technology between Israel, Germany and the United States.