Is Covenant Theology the Same as Replacement Theology?

Israel in the Plan of God

Replacement theology is understood to be the view that the Church has replaced God's chosen people, the Jews, entirely, and that God wants nothing more to do with them as a people. It says that since Israel rejected their Messiah, they forfeit all of their God-given promises over to the Church. So given this definition, is Covenant Theology the same as Replacement Theology? This phrase is often used as a pejorative term for what some imagine Covenant Theology to be, but as the following resources point out, it is a false accusation. The following are some resources we have found that gives some thought to the subject.

Essays

The Church, Israel, and "Replacement" Theology - Part 1 by Sam Storms

The Church, Israel, and "Replacement" Theology - Part 2 by Sam Storms

The Church, Israel, and "Replacement" Theology - Part 3 by Sam Storms

The Church and Israel in the New Testament by Keith Mathison

Not Replacement... Expansion! by Fred Klett

Engrafted, Not Replaced by Michael Milton

Israel and so-called "Replacement Theology" by Kim Riddlebarger (see section IV)

Replacement Theology or Inclusion Theology? by Sam Storms

Is Covenant Theology the same as Replacement Theology? Monergism Q&A

Covenant Theology Is Not Replacement Theology by R. Scott Clark

Sam Waldron Responds to Dr. Horner’s book Future Israel interview by Chris Arnzen