The deployment of the Millimeter-Wave (mm-Wave) band in 5G and beyond wireless communications networks is one of the emerging fields owing to its potential of providing extensive bandwidth. Frequency Hopping (FH) has a high potential for use in wireless networks due to its key advantages of spreading the interference over wide bandwidth and of providing diversity gain in counteracting frequency-selective fading. Furthermore, Fast Frequency Hopping (FFH) intrinsically amalgamated with directional Beamforming (BF) may overcome the impairments due to the high path loss of mm-Wave communications. Hence we propose FFH assisted baseband precoding aided BF for mitigating the mm-wave channel impairments imposed by both fading as well as path loss, whilst relying on a limited number of radio frequency chains. The mathematical analysis and simulation results demonstrate that hybrid precoded FFH is indeed a promising high-capacity technique of attaining both time- and frequency-domain diversity gains for the mm-Wave communications.