A local positioning system which includes a video camera, a computer communicating with the video camera and a target object sighted by the video camera and having a target object coordinate system. The computer is adapted to define a relative position and orientation of the video camera with respect to the target object, determine a position and orientation of the video camera in the target object coordinate system, and determine the position of a point of interest in the target object coordinate system. The system can also be used to aim the camera at a previously recorded point of interest on the target object. Contact with, or close proximity to, the target object is not required. A local positioning method is also disclosed.