Abstract: A ballistic resistant building component and system are disclosed. The component may comprise a panel that may be ballistic resistant, and may also be fire resistant. The panel includes a honeycomb core interposed between two ballistic resistant layers (e.g., fiberglass) which are also interposed between two decorative veneers so that the panel may be incorporated into a building, furniture or other component. The panel may form a door, a wall, free standing modular wall system, a partition, a ceiling and may also be used to form a room or countertop.