Satisfied to be projecting (5)
I believe the answer is:
proud
'be projecting' is the definition.
(I've seen this before)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for proud that I've seen before include "Having a high opinion of oneself" , "Walking tall" , "Boastful" , "Stuck-up" , "Arrogant - sticking out" .)