All the acronyms are over the top. Have they heard of my Project SCIMITAR? (Symbolically Capturing Information by Making Inane Trite Acronyms to Rememberstuff)
Joking aside, if they can get this into a compact form that can be adequately supplied and cooled, it'll be a quantum leap in weaponry. You're talking about going from hurling chunks of matter that in turn impart kinetic and thermal energy, to being able to project energy directly.