A technique for controlling the pitch of a supercavitating projectile is disclosed. For example, the illustrative embodiment controls the pitch of a supercavitating projectile by shifting its center of gravity. The center of gravity of the projectile is shifted by moving a ferromagnetic mass inside the projectile forward or backward, depending on the desired pitch. In some embodiments of the present invention, the position of the ferromagnetic mass is directed by a controller that has a predetermined trajectory stored in its memory.