An overview is presented of experimental and theoretical work conducted at the Naval Research Laboratory on the reduction of hydrodynamic drag. The work establishes the effectiveness of certain chemical additives in reducing drag and defines the character of laminar, transitional, and turbulent flows when such additives are present. A variety of new additives for reducing drag have been developed during the program, and their unique properties are also summarized. Finally, the theoretical work is used as a basis for assessing the relative merits of proposed explanations for the drag reduction phenomenon.