From Popular Mechanics: "Here’s how it works: A tank or other armored vehicle is ringed with several millimeter-wave radars, each pointed outward and assigned a different arc of sky. If the radars pick up an incoming rocket or missile, they track the target and determine if it’s on a collision course with the vehicle. If it is, the APS automatically launches an interceptor munition that pops out of an armored silo located on the tank and terminates the threat."
Cost is about $300,000 per unit.
https://www.popularmechanics.com/mil...ection-system/

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