For leveling AOE.
DFA>SB>go onto next pull
Fusion missile does very little damage as Arsenal, especially given its cast time.
For elite + weak/standard adds, DFA>SB spam until adds are dead>finish elite off with single target attacks.
For 2+ strongs I usually CC one and single target down the other.
For 2 elites + 1-2 Strongs, CC one elite, single target down strongs, single target down elites
2 elites, CC one, single target down the other.
Boresights is probably one of the best utilities for an Arsenal merc to pick up (the other being the one that lets you channel UL/BB while moving). While Arsenal mercs have very strong AOE they still do much better single target dps (unlike Sorcs who could probably level using nothing but Force Storm).