Missile, oddly, isn't featured in report (8)
I believe the answer is:
bulletin
'report' is the definition.
(I know that bulletin is a type of report)
'missile oddly isn't' is the wordplay.
'missile' becomes 'bullet' (bullet is a kind of missile).
'oddly' indicates alternate letters (letters in the odd-numbered positions are used).
The alternating letters of 'isnt' are 'in'.
'bullet'+'in'='BULLETIN'
'featured in' acts as a link.
(Other definitions for bulletin that I've seen before include "News programme" , "Broadcast summary of news" , "Blunt lie in offical news statement" , "Newsflash" , "Brief report issued to the public" .)