An incendiary composition and products such as igniter cords employing the incendiary composition is disclosed. In particular, the composition which comprises an oxidizer, a reducer and a binder, is capable of ignition under water. Previous under-water incendiary compositions employed very hazardous materials, such as nitroglycerine and nitrocellulose, in their manufacture. The present composition employing, for example, an oxidizing salt, a reducing metal and a waterproof binder, substantially eliminates these hazards.
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