While 5.7mm may have no problem defeating lower-level body armour, the actual round produces relatively low (albeit acceptable) tissue penetration (~25cm) and minimal yawing. Once it gets through that armour it's not going to be more reliable than a low-velocity 5.56mm, which in many soldier's opinions is not fantastic. And, there are certain angles when shooting at targets in which more than 30cm of penetration is needed to reach vital organs.
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Judging from the above tests, 9mm does indeed offer superior penetration depth, however, the idea that the 5.7 does not yaw in tissue is not accurate. The 5.7, even out of a pistol, yawed and spit out the core section, leaving a significant sized channel.
So, how many Taliban are wearing Level II Body Armour? Let's have a poll.
'Cause right now there are no wars against Combatants that do use body armour. Insurgents are just scrawny lightly-clothed men. Most rifle-type rounds fail to yaw effectively in this type of enemy because they are so thin the bullet has already exited them before turning sideways. It's a big problem with 5.56mm and even more powerful cartridges such as 7.62mm and .50 BMG.
We don't need armour penetration against our current enemies. We need long projectiles that yaw very early in tissue to produce the best results against our immediate threat.
That's why the War on Terror is not a real war. It's a !@#$ing waste of time, money, and people's lives. If there's ever a situation where we have to engage a first-rate military power, then we'll have some serious issues.
Dressing a first rate military for battle against a bunch of unarmored insurgents living in the boondocks in a joke, but I digress (and so do you). Winning the war in Iraq is not a matter of equipping our soldiers with pistol calibers with superior terminal effects, it's actually a matter of getting up and leaving the country.
The purpose of a military should ideally not be to waste money and time, but instead to prepare for legitimate threats, and scrawny insurgents planting roadside bombs in a place where our soldiers don't even need to be is not a legitimate threat.
If our army is arming for a confrontation against people that could evidently be defeated by your average gun nut hillbilly living in the boondocks at the expense of its capacity to engage a real threat, I suggest that it is making the wrong course of action.
So let's just pretend the war on terror doesn't exist. Particularly considering that civilian police and civilian gun owners tend to use hollow point over FMJ, something the military can not do.
And the fact of the matter is if all you're interested in is terminal performance, full metal jacket isn't a wise choice over hollow point. Differences between rounds in FMJ that don't fragment or tumble reliably are pretty academic. The only reason anyone would sensibly use an FMJ outside of the Hague conventions, e.g. in a civilian or police setting, is when you require greater penetration, which incidentally, a real military will if it is ever engaged in a legitimate war with a first rate military force. If you cannot penetrate kevlar, you literally cannot even get into the chinks of body armor. You've already lost that confrontation. I personally feel that should be the highest priority rather than all this other stuff, such as penetration depth, how big of a hole does it make, etcetera.
In fact, when the US military was deliberating on the round to use for their intermediate cartridge, one of their criteria was whether the round would penetrate a steel helmet at 100 meters. It should be top of the list, period. If it doesn't pierce the shell of the target, you're talking about blunt force trauma, which is where bullets are basically useless, unless we're talking about something insane like a shotgun slug.