From The TimeSplitters Wiki

Rocket Launcher (FP)
Ammo	6/6
Fire Rate bullets per sec/cartridge time	single/auto
Reload Time	4 sec
Damage (per Single Shot) Head/Body/Leg	100% (if it hits target)
Type	Rocket
Zoom	None
Primary Fire	A rocket
Secondary Fire	Automatic rocket shots
Games	TS & TS2 & TSFP

The Rocket Launcher has appeared in every game so far. It has very powerful explosive shots that can kill a player in one shot, although robots can endure more damage from rockets before succumbing. The secondary fire shoots three rockets at once, which dispatches robots faster. In TimeSplitters: Future Perfect, you can set your rocket launcher to automatic and shoot six rockets at once, but the reloading time is slower.