This paper studies the missile formation control problem under external interference, input limitations, and tracking error performance constraints. Based on communication topology theory, a missile formation model is established using the absolute error of each missile and the relative error of neighboring missiles. A missile formation model with an input-limited tracking error constraint is then presented using an error conversion function. An adaptive saturation formation preset performance controller is designed using the backstepping method, adaptive techniques, and an auxiliary system. The stability of the proposed formation controller is proved using the Lyapunov theory, which shows that the system’s tracking error can converge to the predetermined boundary range. The effectiveness of the controller is verified through digital simulations.