I believe the concept is an update of wire wound naval gun technology pioneered in the 1890s. The concept was to make a lighter gun but with the same strength as a solid bored one. A rifled liner was wrapped with tensioned wire rope and then encased in an outer. The concept was sucessful and saved 10-15% in weight. An added bonus was that when shot out, the liner could be easily replaced making barrel replacement much quicker.
So the idea is a lighter barrel of at least equal strength and accuracy
I believe claims are also made for better heat dissipation but as thermal transfer through carbon is slower than through steel I cant quite see this.
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