Material systems capable of handling both the ballistic impact and blast waves are necessary for security forces. In this study, the high strain rate performance of monolithic and bonded ultra‐high molecular weight polyethylene (UHMWPE) with high‐temperature resistant basalt/polyetherimide (B/PEI) composite is presented. Individual composite laminates were fabricated using vacuum‐assisted compression molding. Subsequently, cylindrical test coupons were cut using a high‐pressure waterjet. A suitable adhesive grade was used for the bonding of two different composite types. The dynamic compression studies were conducted on a split‐Hopkinson pressure bar (SHPB). For identical incident energies, the range of strain rates attained by monolithic UHMWPE, B/PEI and bonded composites differed significantly. Monolithic UHMWPE achieved the highest rates of loading, whereas higher stresses were recorded for the B/PEI composite. Yet, monolithic UHMWPE, owing to higher constant stress plastic flow, results in higher toughness. Bonded composites revealed hybrid properties with delamination of UHMWPE as the primary failure mode. High‐speed imaging exposed severe deformation of UHMWPE during dynamic compression. SEM micrographs revealed fiber pull‐out and deforming behavior of UHMWPE and brittle failure of B/PEI composite. B/PEI in a bonded composite system never failed under dynamic compression within the experimental range, thus providing a window of opportunity to tailor‐make better ballistic and blast protection materials.