The Mark 50 torpedo is a U.S. Navy advanced lightweight torpedo for use against fast, deep-diving submarines. The Mk 50 can be launched from all anti-submarine aircraft and from torpedo tubes aboard surface combatant ships. The Mk 50 was intended to replace the Mk 46 as the fleet's lightweight torpedo. Instead the Mark 46 will be replaced with the Mark 54 LHT.

The Mark 46 torpedo is the backbone of the United States Navy's lightweight anti-submarine warfare torpedo inventory and is the NATO standard. These aerial torpedoes are designed to attack high-performance submarines. In 1989, an improvement program for the Mod 5 to the Mod 5A and Mod 5A(S) increased its shallow-water performance. The Mark 46 was initially developed as Research Torpedo Concept I, one of several weapons recommended for implementation by Project Nobska, a 1956 summer study on submarine warfare.