A projectile (1) is optionally used as a fragmentation projectile or as a projectile that utilizes a pressure wave effect created when the explosive charge (3) explodes. The projectile (1) contains an ejection charge (12), and an explosive charge (3) arranged in a jacket (4) that can be moved axially with respect to a fragmentation casing (5). The ejection charge (12) allows the explosive charge (3) and surrounding jacket (4) to be pushed at least so far out of the projectile casing (2) that, in the event of explosion, the explosive charge does not act on the fragmentation casing (5). In order to ensure that the jacket (4) of the explosive charge (3) does not develop any fragmentation effect, or develops only a small fragmentation effect, when the explosive charge (3) is ignited, a molded part composed of plastic or a light alloy is used as the jacket (4).