A variable geometry convergent-divergent nozzle for a gas turbine engine includes a centerbody extending rearward along a longitudinal axis of the engine which has a maximum diameter section. An inner shroud surrounds the centerbody and cooperates with the centerbody to define the throat of the nozzle. An outer shroud surrounds the inner shroud and cooperates with the centerbody to define the exit area of the nozzle. Both shrouds are independently translatable to provide independent control of the nozzle throat area and the nozzle expansion ratio. Additional actuation of the inner shroud results in the throat A8 being disposed upon a fully forward portion of the centerbody, said fully forward shroud disposition being more forward than over the maximum diameter section. The nozzle may further comprise independent translation of the centerbody 32 with respect to the shrouds.