Well, the next generation tank round needs to be able to hold a really long dart.
IIRC the M829A4 penetrator is more than 780mm long overall (L : D over 31!), and the complete round is 890mm. But the end of the A4 penetrator is basically right on top of the primer vent tube inside the case stub, so the US can't really get any more length out of the 120mm ammunition.
So if the 130mm case is longer than the 140mm, that's the better argument. More growth potential for the future!
(edited to remove the unintentional smilie.