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Cruise Missiles
Cruise Missiles are a step up from heavy missiles. They have a longer range and fly faster, and do more damage than Heavy missiles, but their launchers are slower. They use their own skill, and are even more advanced than heavy missiles, so don't expect to mount these on a small ship.
Torpedoes
Torpedoes aren't like other missiles. They do huge damage and have long flight times, but also have slower flight speeds. These have their own skill to use, and have high system requirements, so you probably won't be using these even on a cruiser.
Citadel Torpedoes
These are used in Citadel Launchers on capital ships. Very slow flight speed, but enormous damage and a long flight time. No FoF version for these yet.
Friend of Foe (FoF) Missiles
FoF missiles are used when your targeting system is malfunctioning, for example, when you are being jammed. These missiles come in light, heavy, and cruise varieties, and use the equivalent missile launcher. The difference is that they do not need to be targeted. If a ship damages you, or uses some form of electronic warfare on your ship, then you can launch these and they will automatically attack the culprit. You do not need to target the vessel, but you do need to manually select the fire button to start launching them. FoF missiles have similar attributes to their normal counterparts, aside from their targeting.
Bombs
Bombs are an area of effect damaging device that are launched from stealth bomber bays. Bombs deal a large amount of damage, but a very inaccurate. Due to their high cost and inaccuracy, bombs are rarely used by bomber pilots.
