An optically guided munition and control system has a replacement fuse assembly mounted on the front of a munition body or shell casing. An optical seeker subsystem detects an illuminated target and supplies signals to a processor. The processor develops steering commands sent to a flight control subsystem having a plurality of guidance canards which are actuated by drive motors through gear assemblies. The roll of the munition is established and left/right and up/down steering commands are sent to the canard drive motors based upon the optical seeker subsystem detection of the target illuminator. Range adjustment is based upon bore sight lockdown angle and cross range control is based upon left/right centering error. A code is contained in the optical radiation received from the illuminated target which must be validated by a preset code in the system processor to arm the munition.