not needed
missile is a particle system that is unique it has 3d everything to the explosions and fluids like in houdini but is unique it has this special feature think of texturing and uv unwrapping fluids and explosions a animated uv and texture like using a video as a texture so different frames of images and animation being used as texture here are some examples
with texture and materials
without texture and materials
i know the images are two different explosions but you get the point its basically a particle system that uses objects uv unwrapping texturing to a whole new level with the use of videos as textures and sculpting and modeling of particles
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i doubt my missile idea so dont do it but please improve the present particle system you gave cycles some love time for the particle system to get a share of it