Abstract: A plastic bound high power explosive comprises 90 to 97 percent by weight of a powerful explosive compound, for example octogen, and 3 to 10 percent by weight of a novel stabilizing and binding agent. The agent comprises substantially 20 to 50 percent poly-O-butyl acrylate and 3.5 to 20 percent paraffin, as well as 2 to 7 percent poly tetrafluorethylene as a lubricant, 20 to 65 percent of a filler and 1 to 8 percent poly ethylene or, respectively, in the case of an antistatic high power explosive, 25 to 65 percent graphite as a lubricant and 15 to 25 percent calcium sulphate as a filler, each by weight of the portion of solids in the agent. Further additives like emulsifiers, dispersants, defoamers, surfactants, thickeners and small amounts of silica gel are added.