The system and method of dynamic weapon to target assignment (DWTA) using a control based methodology to dynamically assign each projectile to a target in a multiple target engagement situation. In some cases, closest proximity is used in a real-time, to accomplish the DWTA functional requirement and performance criteria. In some cases, g pulling acceleration and projectile fin deflection motion are also used to assess the best matched pair for each projectile and each target with an end goal of intercepting the target or guiding the projectile to an acceptable error basket for target destruction via detonation. For the closest distance criterion for projectile/target pairing, a cutoff time is used to ensure the pairing is conducted within an acceptable duration while still being able to intercept the target or meet a required miss distance basket (e.g.,