The Economist has an article about a revolution in smart weapons, that will yield less expensive guided missiles. From the article:
A Tomahawk cruise missile costs about $1.5m, and even the Hellfire, an air-to-ground rocket that weighs a mere 50kg, is $115,000 a pop. In exchange for, say, an enemy tank, that is probably a fair price to pay. To knock out a pick-up truck crewed by a few lightly armed guerrillas, however, it seems a little expensive, and using its shoulder-fired cousin the Javelin ($147,000) to kill individual soldiers in foxholes, as is often the case in Afghanistan, is positively profligate. Clearly, something has to change. And changing it is.
An early sign of this change came in March, with the deployment in Afghanistan of the APKWS II (Advanced Precision Kill Weapons System) made by BAE Systems and Northrop Grumman. The APKWS II is a smart version of the old-fashioned 70mm (2.75-inch) rocket, which has been used by America’s armed forces since 1948. It is also cheap, as guided missiles go, costing $18,000 a shot.
The APKWS II is loaded and fired in the same way (pictured above) as its unguided predecessors, from the same 19-round pods, making its use straightforward. The difference is that it can strike with an accuracy of one metre because it has been fitted with a laser-seeking head which follows a beam pointed at the target by the missile’s operators. This controls a set of fins that can steer the missile to its destination.
. . . Meanwhile, the American navy has been working on its own cheap guided missile, the Low-Cost Imaging Terminal Seeker (LCITS), which it tested successfully last year.
The LCITS is another upgraded 70mm weapon, but instead of laser guidance it picks out its targets by their heat signature. Because the operators do not need to keep pointing a laser at the target, they can fire several missiles in quick succession—a useful feature if a ship is being attacked by a swarm of boats.
. . . The most determined effort to develop a small, cheap guided weapon, though, is the Forward Firing Miniature Munition (F2M2, or Spike missile), from the Naval Air Weapons Station in China Lake, California. Steve Felix, the F2M2’s project manager, wanted to make such a weapon for just $5,000, using off-the-shelf components. The result, which weighs less than 3kg and is the size of a baguette, is claimed to be the world’s smallest.
Spike has been tested successfully as a shoulder-launched missile, and also fired from drones. It has an ingenious optical-guidance system—a camera that can either lock on to an operator-designated object or can pick up a laser spot and home in on it. It has a range of 1,500 metres and, though the warhead is too small to damage a tank, it can destroy cars and other light targets far more cheaply than the alternatives.