EXACTO, an acronym

Acronym and initialism

Acronyms and initialisms are abbreviations formed from the initial components in a phrase or a word. These components may be individual letters or parts of words . There is no universal agreement on the precise definition of the various terms , nor on written usage...

 of EXtreme ACcuracy Tasked Ordinance, is a sniper rifle

Sniper rifle

In military and law enforcement terminology, a sniper rifle is a precision-rifle used to ensure more accurate placement of bullets at longer ranges than other small arms. A typical sniper rifle is built for optimal levels of accuracy, fitted with a telescopic sight and chambered for a military...

 being developed for DARPA (Defense Advanced Research Projects Agency) by Lockheed Martin

Lockheed Martin

Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area....

 and Teledyne

Teledyne

Teledyne Technologies Incorporated is an industrial conglomerate primarily based in the United States but with global operations. It was founded in 1960, as Teledyne, Inc., by Henry Singleton and George Kozmetsky....

 Scientific & Imaging in November 2008.

The new .50 BMG

.50 BMG

The .50 Browning Machine Gun or 12.7×99mm NATO is a cartridge developed for the Browning .50 caliber machine gun in the late 1910s. Entering service officially in 1921, the round is based on a greatly scaled-up .30-06 cartridge...

 gun and improved scope

Telescopic sight

A telescopic sight, commonly called a scope, is a sighting device that is based on an optical refracting telescope. They are equipped with some form of graphic image pattern mounted in an optically appropriate position in their optical system to give an accurate aiming point...

 could employ "fire-and-forget

Fire-and-forget

Fire-and-forget is a third-generation method of missile guidance. The military uses the term for a type of missile which does not require further guidance after launch such as illumination of the target or wire guidance , and can hit its target without the launcher being in line-of-sight of the...

" technologies including "fin-stabilized projectiles, spin-stabilized projectiles, internal and/or external aero-actuation control methods, projectile guidance technologies, tamper proofing, small stable power supplies, and advanced sighting, optical resolution and clarity technologies." Its estimated availability is 2015.