EXACTO - DARPA's Self-Steering Bullet

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“True to DARPA’s mission, EXACTO has demonstrated what was once thought impossible: the continuous guidance of a small-caliber bullet to target,” said Jerome Dunn, DARPA program manager. “This live-fire demonstration from a standard rifle showed that EXACTO is able to hit moving and evading targets with extreme accuracy at sniper ranges unachievable with traditional rounds. Fitting EXACTO’s guidance capabilities into a small .50-caliber size is a major breakthrough and opens the door to what could be possible in future guided projectiles across all calibers.”

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Wonder how much time is actually spent in coming up with the name and acronyms for these programmes. Genuinely curious. Is there a team or department dedicated to this task?

Also, as interesting as those claims are AND how impressive the tech behind this would be - The demonstration video released isn't too impressive. It would definitely be more impressive if the movement of the target appeared to be a bit more complex / random for each of the test shots.

That said, really curious as to how DARPA managed to get this done.