Munitions Companies in the United States
Loitering munitions, low-cost cruise missiles and the energetics inside them. Stockpiles drawn down by Ukraine and the Middle East exposed how few suppliers the US relies on, and a new group of startups is building cheaper weapons designed for mass production. Together they have disclosed $1.3B in funding, led by Mach Industries (>$1B). The newest round on record is Furientis's Seed (Oct 2026).
US soldiers launch a Switchblade 600 loitering munition, Grafenwoehr. Photo: U.S. Army TSAE by Sgt. Cody Nelson, Public domain (PD-USGov-Military-Army).
Latest rounds
| Date | Company | Round | Amount | HQ | Sector |
|---|---|---|---|---|---|
| Oct 2026 | Furientis | Seed | $25M | Los Angeles, CA | Munitions |
| Sep 2026 | Mach Industries | Series C extension | $600M | Huntington Beach, CA | Munitions |
| Sep 2026 | Covenant | Undisclosed rounds | $250M | Washington, DC | Munitions |
| May 2026 | Heaviside Industries | Series A | $28M | Los Angeles, CA | Munitions |
All companies
Full directoryFurientis
Los Angeles, CaliforniaBuilds low-cost mid-range interceptor missiles assembled from readily available components, targeting 1,000 systems per year per factory.
Mach Industries
Huntington Beach, CaliforniaBuilds low-cost strike weapons including the Viper one-way attack vehicle and a vertical-takeoff cruise missile, with in-house propulsion and energetics.
Covenant
Washington, District of ColumbiaBuilds Anthem, a long-range heavy-payload ground-launched strike weapon, with a 105,000 sq ft factory in Grand Prairie, Texas and sites in Germany and Israel.
Heaviside Industries
Los Angeles, CaliforniaBuilds autonomous precision munitions for air and sea that operate in jammed, GPS-denied environments, produced in Los Angeles and Oslo.
CoAspire
Fairfax, VirginiaFounder-owned maker of the RAACM, a 3D-printed low-cost subsonic cruise missile family for air, surface and ground launch, produced in Manassas.
Questions
Who are the biggest munitions companies in the US?
By disclosed funding among the companies we track: Mach Industries, Covenant, Furientis and Heaviside Industries, as of November 14, 2026.
How many munitions companies are in the US?
Our directory lists 5 privately held US munitions startups as of November 14, 2026. Large primes and public companies are not included.