Increasing attention of High-Tech industries (e. g. aerospace and defense industries) to FUNCTIONALLY GRADED MATERIALS (FGMs) reveals the high performance of these types of MATERIALS, which is mainly due to the unique properties of these MATERIALS. In the current study, high velocity impact on AA5083-H11 / Ti-6Al-4V FGMs is conducted numerically in ABAQUS by considering the plastic and damage models of Johnson-cook and utilizing a Python code. Influence of projectile nose (considering three different types of impactor nose), effect of type of distribution function (Power-law (P-FGM) and Sigmoid (S-FGM)), and the stacking sequence of metallic alloys in the FGM are some of the main parameters investigated in the present study. The results show that FGM samples have a better performance than the pure metallic alloys. Moreover, despite the type of distribution function, the sample with linear distribution (i. e., n=1) has the best performance against the impact. However, at a same condition, S-FGM sample has higher energy absorption than P-FGM one. Finally, it is realized that an FGM target has a higher impact resistance against a conical-shape (SCN) impactor, rather than a flat-nose (FLT) one. This behavior has been justified via formation of a petal in the impact of FLT on FGM, while in the impact of SCN on FGM, only plugging formation has been seen. As a result, it can be deduced that in the high velocity impact on FGMs, petal formation has a higher effect on the energy absorption of target, when compared to the plugging formation.