In this paper, the impact damage behavior of USN-150B carbon/epoxy composite laminates subjected to high velocity impact was studied experimentally and numerically. Square composite laminates stacked with [45/0/-45/90]ns quasi-symmetric and [0/90]ns cross-ply stacking sequences and a conical shape projectile with steel core, copper skin and lead filler were considered. First high-velocity impact tests were conducted under various test conditions. Three tests were repeated under the same impact condition. Projectile velocity before and after penetration were measured by infrared ray sensors and magnetic sensors. High-speed camera shots and C-Scan images were also taken to measure the projectile velocities and to obtain the information on the damage shapes of the projectile and the laminate specimens. Next, the numerical simulation was performed using explicit finite element code LS-DYNA. Both the projectile and the composite laminate were modeled using three-dimensional solid elements. Residual velocity history of the impact projectile and the failure shape and extents of the laminates were predicted and systematically examined. The results of this study can provide the understanding on the penetration process of laminated composites during ballistic impact, as well as the damage amount and modes. These were thought to be utilized to predict the decrease of mechanical properties and also to help mitigate impact damage of composite structures.