The Russian Navy developed the VA-111 Shkval supercavitation torpedo, which uses rocket propulsion and exceeds the speed of conventional torpedoes by at least a factor of five. NII-24 began development in 1960 under the code name "Шквал" (Squall). The VA-111 Shkval has been in service (exclusively in the Russian Navy) since 1977 with mass production starting in 1978. Several models were developed, with the most successful, the M-5, completed by 1972. From 1972 to 1977, over 300 test launches were conducted (95% of them on Issyk Kul lake).
In 2006, German weapons manufacturer Diehl BGT Defence announced their own supercavitating torpedo, the Barracuda, now officially named  (). According to Diehl, it reaches speeds greater than .
In 1994, the United States Navy began development of the Rapid Airborne Mine Clearance System (RAMICS), a sea mine clearance system invented by C Tech Defense Corporation. The system is based on a supercavitating projectile stable in both air and water. RAMICS projectiles have been produced in diameters of , , and . The projectile's terminal ballistic design enables the explosive destruction of sea mines as deep as  with a single round. In 2000 at Aberdeen Proving Ground, RAMICS projectiles fired from a hovering Sea Cobra gunship successfully destroyed a range of live underwater mines. As of March 2009, Northrop Grumman completed the initial phase of RAMICS testing for introduction into the fleet.
Iran claimed to have successfully tested its first supercavitation torpedo, the Hoot (Whale), on 2–3 April 2006. Some sources have speculated it is based on the Russian VA-111 Shkval supercavitation torpedo, which travels at the same speed. Russian Foreign Minister Sergey Lavrov denied supplying Iran with the technology.
In 2004, DARPA announced the Underwater Express program, a research and evaluation program to demonstrate the use of supercavitation for a high-speed underwater craft application. The US Navy's ultimate goal is a new class of underwater craft for littoral missions that can transport small groups of navy personnel or specialized military cargo at speeds up to 100 knots. DARPA awarded contracts to Northrop Grumman and General Dynamics Electric Boat in late 2006. In 2009, DARPA announced progress on a new class of submarine:
A prototype ship named the Ghost, uses supercavitation to propel itself atop two struts with sharpened edges. It was designed for stealth operations by Gregory Sancoff of Juliet Marine Systems. The vessel rides smoothly in choppy water and has reached speeds of 29 knots.
The Chinese Navy and US Navy are reportedly working on their own supercavitating submarines using technical information obtained on the Russian VA-111 Shkval supercavitation torpedo.
A supercavitating propeller uses supercavitation to reduce water skin friction and increase propeller speed. The design is used in military applications, high-performance racing boats, and model racing boats. It operates fully submerged with wedge-shaped blades to force cavitation on the entire forward face, starting at the leading edge. Since the cavity collapses well behind the blade, the supercavitating propeller avoids spalling damage caused by cavitation, which is a problem with conventional propellers.
Supercavitating ammunition is used with German (Heckler & Koch P11) and Russian underwater firearms, and other similar weapons.