This paper reviews the ballistic properties, stability and vulnerability of gun propellants, gas generators and rocket propellants containing nitroguanidine (NGu), CAS−No [556‐88‐7] as an energetic filler. Nitroguanidine and its formulations burn stable over a broad pressure regime extending from subatmospheric to high pressures (0.1 kPa–400 MPa). Its high nitrogen content (53.83 %) and oxygen balance (Ω=‐30.75 %) effects a high gas pressure in gun propellants combined with low explosion temperature and consequently low signature and reduced erosion. NGu is an effective stabilizer for a broad array of energetic materials encountered in gun and rocket propellants including AP, ADN, HMX, RDX, NGl and also materials with low thermal stability such as NC, HNF, TNAZ and ADN. Finally, the low vulnerability of NGu‐based propellant formulations makes them taylor made to serve insensitive munitions. This review covers 31 NGu‐based rocket and gas generating propellant formulations, 44 gun propellants, five of which contain guanylurea dinitramide, (GuDN, FOX‐12), CAS−No [217464‐38‐5] for comparison, four reference propellants containing neither of the aforementioned ingredients and six combustible cartridge case formulations based on NGu. In addition, the combustion properties of pure NGu, pure GUDN and NGu modified with 17 different catalysts are revised. The review contains 142 references from the public domain.