If long range is an issue, why are the GPMGs still shooting a 150gr FMJ with a .400 (G1) BC? There are literally dozens of .308 diameter bullets with much higher ballistic coefficients, and there is a military legal opinion that open tip match is permissible for warfare, not in violation of the Hague Convention. The BC could go up to .475 with no effort beyond loading the cartridges differently, and as high as .530 is probably an option with commercial off-the-shelf (COTS) options. This would add several hundred yards of range on unarmored targets.
I don't know of any COTS option for >1000 yards effective range on armored targets, but it would seem possible to take the high-BC shapes of OTM bullets and adapt one for a steel or tungsten core bullet.
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