The invention discloses a military life vest. The military life vest comprises a life vest body, a bundle belt and an echoing and rescuing device, the life vest body is formed by overlapping and connecting a liner filling type life vest main body and an air bag type life vest main body, and the two overlapped life vest main bodies are each arranged to be an open front vest style. The two overlapped life vest main bodies are connected through corresponding 'four-joint' buttons, the liner filling type life vest main body is composed of two open front pieces I and a whole back piece I, and the air bag type life vest main body is composed of two open front pieces II, a whole back piece II, an automatic inflating device and a manual self-assisting inflating device. A liner core material of the liner filling type life vest main body is a NBR floating material, a jockstrap belt is arranged between the front portions and the rear portions the lower ends of the open front piece and the back piece on the liner filling type life vest main body, and the bundle belt is arranged at the waist and can also serve as a sling. The air bag type life vest main body is composed of an air bag body, a stab-resistant layer, an electric wave reflecting layer and a protective fabric layer, whether the air bag body is inflated or not is selected according to the requirement, and light-reflecting signs and marks and an illuminating assembly capable of emitting variable light are arranged on the life vest body.