A lightweight ballistic armor system comprising at least one metal strike face plate, a laminate composite backing material secured to the at least one metal strike face plate and an optional air space provided between the metal strike face plate and the laminate composite backing material. The metal strike face plate or plates has a predetermined defined thickness and has a plurality of slotted holes set at an angle relative to the vertical orientation or axis of the metal strike face plate, or which are straight. The plurality of slotted holes is sufficiently small to prevent the passage of a projectile or fragment therethrough. The laminate composite backing material comprises at least one material selected from an aramid fiber material, S-glass, E-glass, polypropylene and UHMWPE, and is provided in combination with a polymer-based resin material. The optional air space provided between the metal strike face plate and the composite backing material has a depth in the range between 0-12 inches.