The potential opportunities promised by nanotechnology for enabling advances in defence technologies are staggering. Although these opportunities are likely to be realised over a few decades, many advantages are currently being explored, particularly for defence applications. This review provides an insight into the capabilities offered by nanocomposites which include smart materials, harder/lighter platforms, new fuel sources and storage as well as novel medical applications. It discusses polymer-based nanocomposite materials, nanoscale fillers and provides examples of the actual and potential uses of nanocomposite materials in defence with practical examples.