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http://www.darpa.mil/program/multi-azimuth-defense-fast-intercept-round-engagement-system
To help meet these needs and greatly enhance maritime vessels’ survivability in contested environments, DARPA has created the Multi-Azimuth Defense—Fast Intercept Round Engagement System (MAD-FIRES) program. The goal of the program is to design and develop technologies associated with a medium-caliber guided projectile that would combine the guidance, precision and accuracy generally afforded by missiles with the speed, rapid-fire capability and large ammunition capacity afforded by bullets.