The group will release the song in January followed by a debut album in summer 2013.
Charlie Healy, Andy Merry and Derry Mensah entered 2011's X Factor as solo artists before joining together to form The Risk at the Bootcamp stage. Mentored by Tulisa, their fourth member Ashford Campbell (originally in rival boyband Nu Vibe) joined them during the live shows after the sudden departure of Ashley Baptiste.
Within two days of leaving the competition, the band had booked over 100 shows and hold the record for the most booked former contestants.
Their debut single 'Missiles' is co-written by The Risk with Dantae and produced by Pete 'Boxsta' Martin, who has worked with the likes of Jessie J and Alexandra Burke.
The Risk have been working with Josh Wilkinson (One Direction), True Tiger (Ed Sheeran), and Kingsley Brown (Cheryl Cole) on their debut album.
The band, who are touring with Peter Andre until the middle of January, are also planning a special headline show of their own this month, which is due to be announced shortly.
'Missiles' will be released on January 27, 2013.
Watch The Risk in the music video for 'Missiles' below: