Some time ago when AIM260 was announced, I must confess I was puzzled to hear that the new missile would not use a throttleable ramjet/VFDR for propulsion, since the ramjet's ability to tailor its thrust output to the unique parameters of a given missile launch ought to be a much more efficient way to manage the missile's energy than is the case with traditional solid fuel motors. While I had always thought a Meteor-style ramjet was needed to accomplish this level of thrust control, it looks like I may have been wrong:
Details on how exactly the VTS Active Nozzle works don't appear to be in the public domain, but the concept seems to turn regular solid-propellant rocket motors into throttleable/quasi-throttleable designs, with the added benefit of thrust vector control. If my understanding of this is correct, this sort of technology could be quite a game changer in that it would provide many/all of the benefits of ramjet propulsion and TVC without the usual bulk, weight and drag penalties. The potential applications are pretty broad, but if you paired something like this with whatever other sorcery the boffins have cooked up, I think that the significant claimed range increase of AIM260 over the comparably sized AIM120 (or the AMRAAM-like range of a tiny weapon like Peregrine) starts to make more sense.