A method of canneluring a frangible projectile includes the steps of
rotating the projectile at a high speed, and cutting the cannelure into
the projectile to form a frangible cannelured projectile. To ensure that
the body is not damaged during cutting, the cutting tool has bevels on
each side of a square, generally flat, cutting surface. A frangible
cannelured projectile made by the foregoing method includes a groove
having a generally flat base and beveled edges.