In this paper, a new dynamic surrounding attack cooperative guidance law against highly maneuvering target based on decoupled model is proposed. First, a new dynamic surrounding guidance strategy is proposed, and virtual targets are introduced to establish the cooperative guidance model for dynamic surrounding attack. Second, a dynamic inverse method is used to decouple the cooperative guidance model, and extended state observers (ESOs) are introduced to estimate the disturbances caused by target maneuver. Then, the impact time and dynamic surrounding guidance (ITDSG) law against highly maneuvering target is designed based on a prescribed-time stable method and the decoupled model. Finally, numerical simulations are performed to illustrate the superiority and effectiveness of the proposed ITDSG.