I was wondering if it was possible to take the missle from the seeking missle launcher and make it into a bomb that you could drop from dropships.

The RGA mod has something similar to this with a rocket that explodes into several guided missiles, but I'd like to be able to drop them, and put them in different ships.

It is possible.
To do it you need an AEmitter and a lua script, which shouldn't be complicated at all.
The script should check the team of the dropship that dropped it and then lock into a target that it's not of that team. Then make it rotate and head towards the target.

You know, I think that it is already made in game. Go to the .ini of the Coalition's rocket launcher, and find the homing missile and add "AddToGroup = Bomb".

The missile launcher finds its team by looking for the gun AND the shooter though.

You'd need to implement some parts from the Cluster Mine Bomb, since the bomb is designed to be air-dropped.

I'll give it a shot, but I am by no means a good modder. The most I've managed is a Glock that shoots OVER 9000 (9001) bullets in one shot but doesn't damage concrete.

Still lags the game like something that would lag the game a lot though.

Because that many MOPixels at once is bad for your game. You'll give it a flu.

9000 MOPixels really isn't that bad, once you get into the millions of them then it starts to lag a bit.

Glows and scripts are what really kill things.

Also it is dependent on your computer's ability, helifreak. If he was getting lag at 9000, then a million would most definitely crash.