The smart gun's ammunition would not be gyrojet it would be guided rockets, gyrojet would imply the gun uses rockets that are stabilized gyroscopically and thus unable to make turns, just a tiny nitpick, the game is fun.
There are actually a few kinds of non guided rocket munitions, though i dont believe gyrojet is one of them, but .50 cal sized guided bullets exist too, and so do guided artillery, so something of the smart guns scale may be pretty feasible
Depends on how advanced they are, it could be like Cyberpunks gyrojets,but imo its likely more like actual guided bullets we have today, some of which are small enough to be used with a .50 cal!