Abstract: A tracking system includes a target unit having a GPS receiver, a signal transmitter to send a signal including a position of the target unit; and a processor to calculate an optimal time interval for transmission of the signal. A locating unit has a GPS signal receiver, a compass to provide a reference direction of the locating unit, a signal receiver to receive the signal sent by the transmitter of the target unit, a processor to calculate a range and bearing from the locating unit to the target unit, and an indicator to display the range and bearing. In certain preferred embodiments, the processor calculates a confidence level indicating the reliability of the signal being sent.