The purpose of these studies was to measure the drag coefficient of a small model submarine to add data to a Reynolds number study. First, a laser Doppler velocimeter (LDV) was used to measure the flow characteristics of the Mississippi State University water tunnel. The velocity and turbulence intensity profiles were measured for a range of freestream velocities of 8.6 m/s to 10.7 m/s. Several wake velocity profiles were taken for a model submarine at downstream distances of x/d = 10 to x/d = 28, with a freestream velocity of 8.6 m/s. A formula for the drag coefficient that uses only mean velocity measurements in the wake was derived for an axisymmetric body using the assumptions of a self-similar wake and a power law behavior of the wake scales. The experimental drag coefficient results are compared to computational fluid dynamic (CFD) solutions.