Remington and Tracking Point Will Joint Venture To Produce Precision Guided Firearm (PGF) systems.

In a press release dated 29-Apr-2013, Remington Arms Company of Madison, NC has announced that it will joint venture with Tracking Point Inc. to manufacture Precision Guided Firearm (PGF) systems.

“A Precision Guided Firearm brings fighter-jet-style, lock-and-launch technology to hunters and sportsmen by integrating digital optics and target tracking technology into a shooting system (rifle and ammunition). With TrackingPoint technology, shooters can tag their target, persistently track it as it moves, and hit their aim point at extended ranges. The PGF automatically adjusts for many downrange factors including bullet drop, temperature, barometric pressure, wind input, cant and inclination. In addition, each PGF streams live video to a mobile device and downloads recorded video of each shot via mobile apps.”

If its product is successful, the joint venture will most certainly attract the attention of the Joint Services as it promises to address the military’s stated need for a “true” one-shot one-kill platform.

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