The KAB-500L is analogous to the U.S. Paveway series: it is a standard FAB-500 general-purpose bomb, which has a nominal weight of 500 kg (1,100 lb), fitted with a semi-active laser seeker and guidance fins, turning it into a guided, unpowered glide bomb.
The KAB-500L is 3.05 m (10.0 ft) long and weighs 525 kg (1,157 lb). Its warhead makes up 450 kg (990 lb) of the total weight, of which roughly 50% is blast-effect high explosive. Russian sources credit it with a CEP of 7 meters (23 feet).
The Chinese LT-2 LGB bears many similarities to the Russian KAB-500L. It is probable that the LT-2 incorporated some technologies reverse-engineered from the KAB-500L. However, at the 7th Zhuhai Airshow held at in November, 2008, the developer of the LT series revealed that LT series precision guided bombs are actually based on the American Paveway design.