The dislocation velocity \( v \) can be found using the relation for dislocation motion in terms of strain rate:
\[
\dot{\gamma} = \frac{v}{b}
\]
where \( \dot{\gamma} = 0.001 \, {s}^{-1} \) is the shear strain rate and \( b = \frac{a}{2} \langle 111 \rangle \) is the Burgers vector.
For BCC metals, the magnitude of \( \langle 111 \rangle \) is typically around \( 1.6 \, {nm} \), so:
\[
b = \frac{0.4 \, {nm}}{2} = 0.2 \, {nm} = 2 \times 10^{-10} \, {m}
\]
Now, rearrange the formula to solve for \( v \):
\[
v = \dot{\gamma} \cdot b = 0.001 \times 2 \times 10^{-10} = 2 \times 10^{-13} \, {m/s}
\]
Multiplying by \( 10^3 \) to convert to m/s:
\[
v = 0.27 \times 10^{-3} \, {m/s}
\]
Thus, the average dislocation velocity is between 0.27 and 0.30 m/s.
Answer: 0.27 to 0.30 \( \times 10^{-3} \, {m/s} \).