It’s an effective a surprisingly old technique, being used on cruise missiles as early as the 1960s. It actually precedes GPS and satellite navigation by several decades. Im continuously blown away by what engineers were able to do in that era with such limited computing power. Take a look at SAGE, for example.

Fun fact: the usage of TERCOM in the tomahawk missile actually limited its ability to be used in Operation Desert Storm. Routes had to be planned to go around actual topographical features, instead of hundreds of miles of flat desert.