Predicted impact point
Encyclopedia
The predicted impact point (PIP) is the location that a ballistic projectile (e.g. bomb, missile, bullet) is expected to strike if fired. The PIP is almost always actively determined by a targeting computer, which then projects a PIP marker (a "pipper") onto a Head-Up Display
Head-Up Display
A head-up display or heads-up display is any transparent display that presents data without requiring users to look away from their usual viewpoints...

 (HUD). Modern HUDs are focused so the weapon operator will see the marker projected directly over the point of impact, regardless of the position of his eye.

Modern combat aircraft are equipped to calculate the PIP for onboard weapons at any given time. Using the PIP marker, pilots can achieve good accuracy at ranges of up to several kilometers, whether the target is ground-based or airborne. Variables included in the calculation are aircraft velocity, target velocity, target elevation, distance to target, forces on the projectile (drag, gravity), and others.

Another example of devices that show the PIP are red dot sight
Red dot sight
A red dot sight is a common classification for a type of non-magnifying reflector sight for firearms that gives the user an aimpoint in the form of an illuminated red dot...

s like the M68 Aimpoint. Such sights, Like on a HUD's, are collimated reflector sight
Reflector sight
A reflector or reflex sight is a generally non-magnifying optical device that allows the user to look through a partially reflecting glass element and see an illuminated projection of an aiming point or some other image superimposed on the field of view...

s, so the dot always appears over the weapon's impact point, regardless of the shooter's eye position. Red dot sights do not use internal computers and must be manually zeroed for maximum accuracy.
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