A survey of recent developments in the dynamic analysis of sandwich panels with face sheet-to-core debonding is presented. The finite element method within the ABAQUS6 code is utilized. The emphasis is directed to the procedures used to elaborate linear and nonlinear models and to predict dynamic response of the sandwich panels. Recently developed models are presented, which can be applied for structural health monitoring algorithms of real-scale sandwich panels. First, various popular theories of intact sandwich panels are briefly mentioned and a model is proposed to effectively analyse the modal dynamics of debonded and damaged (due to impact) sandwich panels. The influences of debonding size, form, and location and number of such damage incidents on the modal characteristics of sandwich panels are shown. For nonlinear analysis, models based on implicit and explicit time integration schemes are presented and dynamic responses gained with those models are discussed. Finally, questions related to debonding progression at the face sheet-core interface when dynamic loading continues with time are briefly highlighted.