I am currently using my Titan with the The Taikonaut helmet and the FWC Rocket Launcher. Both items have the ability that makes your rockets track it's target, but for some reason, when both of these items are equipped, the target tracking ability doesn't work. I have to equip another weapon, then re-equip my FWC RL, and then the ability works again.
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I haven't tried using a rocket that already has tracking, but I have noticed that the only ammo that drops from using rockets and getting kills are special ammo drops. Like LOTS of special ammo drops. I almost see NO heavy ammo drops when using the helmet with rockets. Has anyone else noticed this as well?