The U.S. Air Force has released a video showing its new Quicksink high-precision anti-ship torpedo literally cutting a ship in half. The video was shot during an exercise in the Gulf of Mexico, when a B-1 bomber sank the MV Monarch Countess with Quicksink ammunition.

Developed by the Air Force Research Laboratory Munitions Directorate at Eglin AFB, Florida, the Quicksink torpedo was designed for use by both fighter and bomber aircraft.

One of the main advantages of the Quicksink was its relatively low price — $300,000, while the Pentagon spends more than $1.2 million on similar shells.

Using a modular, open-architecture design based on existing technologies, the Quicksink uses a JDAM equipment package that converts free-falling bombs into guided munitions, allowing the torpedo to be targeted at a stationary or moving ship.

Among the shortcomings of the Quicksink, experts note that its short flight range of only 74 kilometers makes the attacking aircraft vulnerable to anti-aircraft defenses. On the other hand, the Quicksink can use inconspicuous aircraft flying at high speeds and high altitudes.