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I think we have a case of word-play here. I think we are being mislead by the words armor-piercing. Armor-piercing to me means it will pierce armored vehicles that kind of armor is not the same as what's found in a vest. It seems to me they are actually talking about high power projectile resistant. Am I wrong? I would be amazed to learn that body armor can actually stop armor piercing rounds.

For reference:

http://en.wikipedia.org/wiki/Armor_piercing_round

The Wikipedi definition says right on line 1...

"Armor-piercing ammunition is used to penetrate hardened armored targets such as body armor, vehicle armor, concrete, tanks and other defenses, depending on the caliber of the firearms."

"Rifle armor-piercing ammunition generally carries its hardened penetrator within a copper or cupro-nickel jacket, similar to the jacket that would surround lead in a conventional projectile. Upon impact on a hard target, the copper case is destroyed, but the penetrator continues its motion and penetrates the substance. Similar armor-piercing ammunition for pistols has also been developed. It is of similar design to the rifle ammo above."

Its clear then that small arms fire with the right bullets can pierce a vest, the question is if the Dragon vest can withstand this type of ammunition.