This paper describes an 0.75 meter aperture, Stabilized High-accuracy Optical Tracking System (SHOTS), two of which are being developed by Textron Systems Corporation, under contract to the Navy's Space and Naval Warfare Systems Center, San Diego (SPAWAR-SD). The SHOTS design is optimized to meet the requirements of the Navy's Theater Ballistic Missile Defense (TBMD) testing program being conducted at the Kauai Pacific Missile Range Facility (PMRF). The SHOTS utilizes a high-precision, GPS aided inertial navigation unit (INU) coupled with a 3-axis, rate gyro stabilized mount which allows precision pointing to be achieved on either land or sea-based platforms. The SHOTS mount control system architecture, acquisition, tracking and pointing (ATP) functionality and methodology which allows the system to meet the TBMD mission data collection requirements are discussed. High frame rate visible and MWIR sensors are incorporated into the system design to provide the capability of capturing short duration events, e.g., missile-target intercepts. These sensors along with the supporting high speed data acquisition, recording and control subsystems are described. Simulations of the SHOTS imaging performance in TBMD measurement scenarios are presented along with an example of the image improvement being achieved with post-processing image reconstruction algorithms.