The wave propagation characteristics of laminated composites subjected to a transverse high-velocity impact of a steel ball is investigated. For this purpose, high-velocity impact experiments were conducted to obtain the strain response histories, and a finite element analysis based on the higher-order shear deformation theory in conjunction with the static contact law is used. Test materials for investigation are glass/epoxy laminated composite materials with $[0^{circ}/45^{circ}/0^{circ}/-45^{circ}]_{2s}$ and $[90^{circ}/-45^{circ}/90^{circ}-45^{circ}/90^{circ}]_{2s}$ stacking sequences. As a result, the strain responses obtained from the experiments represented the wave propagation characteristics in the transversely impact, also the wave propagation velocities obtained from high-velocity impact experiments and wave propagation theory agree well.