A 40 millimeter (mm) projectile is capable of deploying a payload out of the rear of the projectile. The projectile carries the payload an extended distance from the muzzle and then disperses the payload after a command is provided to the projectile. The projectile includes a proximity fuze which allows it to sense a target and disperse the payload at a given distance from the target. Alternatively, a time-based fuze or radio frequency (RF) based fuze may be employed instead. The payload may be used against a variety of targets, such as personnel, vehicle or aerial targets. In addition, the projectile could be used as a training device for proximity, preprogrammed or RF-controlled fuzed projectiles.