A projectile having variable kinetic energy contains multiple propellant charges (14) that are able to be individually selected for ignition. Each charge (14) has a selectable initiator (15) that may be triggered by a wired or wireless firing system, preferably an inductive system, in order to determine the kinetic energy of the projectile. The projectiles are axially stacked for firing from the barrel of a weapon, with nose portion (11) shaped to seal against tail portion (12) of a leading projectile. Ignition gas exit ports (17) are located in nose portion (11) for propulsion of a leading projectile from the weapon. Alternative, the ports may be located in tail portion (12) for propulsion of each respective projectile. Charges (14) may be distributed around the longitudinal axis of body (10) of the projectile.